Silver Movement
Silver prices rose 1.52% to USD 17.98 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 18.1, with the silver trading 0.7% higher from yesterday’s close.
The pair is expected to find support at 17.79, and a fall through could take it to the next support level of 17.49. The pair is expected to find its first resistance at 18.26, and a rise through could take it to the next resistance level of 18.43.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
