Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.82% against the USD and closed at 15.35, tracking gains in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.33, with the silver trading 0.13% lower from yesterday’s close.
The pair is expected to find support at 15.23, and a fall through could take it to the next support level of 15.13. The pair is expected to find its first resistance at 15.41, and a rise through could take it to the next resistance level of 15.50.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
