Silver Movement
For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD14.44 per ounce.
In the Asian session, at GMT0300, the pair is trading at 14.42, with silver trading 0.10% lower against the USD from yesterday’s close.
The pair is expected to find support at 14.37, and a fall through could take it to the next support level of 14.31. The pair is expected to find its first resistance at 14.48, and a rise through could take it to the next resistance level of 14.53.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
