Silver Movement
Silver prices rose 0.28% to USD 15.85 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.705, with the silver trading 0.88% lower from yesterday’s close.
The pair is expected to find support at 15.55, and a fall through could take it to the next support level of 15.39. The pair is expected to find its first resistance at 15.97, and a rise through could take it to the next resistance level of 16.23.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
