Silver Movement
Silver prices rose 0.26% to USD 17.11 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 17.06, with the silver trading 0.26% lower from yesterday’s close.
The pair is expected to find support at 16.98, and a fall through could take it to the next support level of 16.90. The pair is expected to find its first resistance at 17.16, and a rise through could take it to the next resistance level of 17.26.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
