Silver: White metal trading on a stronger footing in the Asian session

Silver

Silver Movement

Silver prices rose 0.17% to USD 17.87 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, the pair is trading at 18.085, with the silver trading 1.23% higher from yesterday’s close, tracking gains in the yellow metal.

The pair is expected to find support at 17.73, and a fall through could take it to the next support level of 17.38. The pair is expected to find its first resistance at 18.29, and a rise through could take it to the next resistance level of 18.49.

The white metal is trading above its 20 Hr and 50 Hr moving averages.

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