Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.38% against the USD and closed at USD15.74 per ounce, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.675, with silver trading 0.38% lower against the USD from yesterday’s close.
The pair is expected to find support at 15.62, and a fall through could take it to the next support level of 15.57. The pair is expected to find its first resistance at 15.74, and a rise through could take it to the next resistance level of 15.80.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
