Silver Movement
Silver prices rose 2.57% to USD 14.15 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 14.09, with silver trading 0.42% lower from yesterday’s close.
The pair is expected to find support at 13.82, and a fall through could take it to the next support level of 13.56. The pair is expected to find its first resistance at 14.28, and a rise through could take it to the next resistance level of 14.47.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
