Silver Movement
For the 24 hours to 23:00 GMT, Silver slightly rose against the USD and closed at USD18.30 per ounce.
In the Asian session, at GMT0300, the pair is trading at 18.25, with the silver trading 0.27% lower against the USD from yesterday’s close.
The pair is expected to find support at 18.16, and a fall through could take it to the next support level of 18.08. The pair is expected to find its first resistance at 18.38, and a rise through could take it to the next resistance level of 18.52.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
