Silver Movement
Silver prices rose 1.49% to USD 16.99 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 17.035, with the silver trading 0.29% higher from yesterday’s close.
The pair is expected to find support at 16.76, and a fall through could take it to the next support level of 16.49. The pair is expected to find its first resistance at 17.22, and a rise through could take it to the next resistance level of 17.41.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
