Silver Movement
Silver prices rose 0.67% to USD 15.88 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.86, with the silver trading 0.06% lower from yesterday’s close.
The pair is expected to find support at 15.75, and a fall through could take it to the next support level of 15.63. The pair is expected to find its first resistance at 15.96, and a rise through could take it to the next resistance level of 16.06.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
