Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.88% against the USD and closed at USD15.51 per ounce, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.58, with silver trading 0.45% higher against the USD from yesterday’s close.
The pair is expected to find support at 15.36, and a fall through could take it to the next support level of 15.15. The pair is expected to find its first resistance at 15.69, and a rise through could take it to the next resistance level of 15.81.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
