Silver Movement
For the 24 hours to 23:00 GMT, the Silver rose 0.56% against the USD and closed at USD17.18.
In the Asian session, at GMT0300, the pair is trading at 17.18, with the Silver trading a tad higher against the USD from yesterday’s close.
The pair is expected to find support at 16.9733, and a fall through could take it to the next support level of 16.7667. The pair is expected to find its first resistance at 17.3083, and a rise through could take it to the next resistance level of 17.4367.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
