Silver Movement
Silver prices rose 2.56% to USD 17.82 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 17.77, with the silver trading 0.25% lower from Friday’s close.
The pair is expected to find support at 17.36, and a fall through could take it to the next support level of 16.94. The pair is expected to find its first resistance at 18.30, and a rise through could take it to the next resistance level of 18.83.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
