Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 2.66% against the USD and closed at USD14.66 per ounce on Friday.
In the Asian session, at GMT0300, the pair is trading at 14.65, with silver trading 0.10% lower against the USD from Friday’s close.
The pair is expected to find support at 14.35, and a fall through could take it to the next support level of 14.06. The pair is expected to find its first resistance at 14.85, and a rise through could take it to the next resistance level of 15.05.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
