Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.57% against the USD and closed at USD15.98 per ounce on Friday.
In the Asian session, at GMT0400, the pair is trading at 16.03, with silver trading 0.31% higher against the USD from Friday’s close.
The pair is expected to find support at 15.92, and a fall through could take it to the next support level of 15.82. The pair is expected to find its first resistance at 16.09, and a rise through could take it to the next resistance level of 16.16.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
