Silver Movement
For the 24 hours to 23:00 GMT, Silver slightly rose against the USD and closed at USD15.20 per ounce, led by gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.17, with silver trading 0.16% lower against the USD from yesterday’s close, reversing its previous session gains.
The pair is expected to find support at 15.10, and a fall through could take it to the next support level of 15.03. The pair is expected to find its first resistance at 15.25, and a rise through could take it to the next resistance level of 15.33.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
