Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.11% against the USD and closed at USD17.59 per ounce, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 17.62, with silver trading 0.14% higher against the USD from yesterday’s close.
The pair is expected to find support at 17.44, and a fall through could take it to the next support level of 17.26. The pair is expected to find its first resistance at 17.72, and a rise through could take it to the next resistance level of 17.83.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
