Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.12% against the USD and closed at USD17.31 per ounce.
In the Asian session, at GMT0400, the pair is trading at 17.24, with silver trading 0.43% lower against the USD from yesterday’s close.
The pair is expected to find support at 17.15, and a fall through could take it to the next support level of 17.06. The pair is expected to find its first resistance at 17.32, and a rise through could take it to the next resistance level of 17.41.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
