Silver Movement
Silver prices rose 2.07% to USD 14.31 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 14.215, with the silver trading 0.63% lower from yesterday’s close.
The pair is expected to find support at 13.96, and a fall through could take it to the next support level of 13.71. The pair is expected to find its first resistance at 14.43, and a rise through could take it to the next resistance level of 14.63.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
