Silver Movement
Silver prices declined 0.89% to USD 29.93 per ounce during the 24 hours ending 23:00GMT on Friday.
In the Asian session at 4:00GMT, silver is trading at USD 29.89 per ounce, 0.12% higher, from 23:00GMT.
The first level of short term resistance on the upside is at 30.23, followed by 30.56. The pair is expected to find support at 29.64, with the subsequent support level at 29.39.
The pair is showing convergence at its 20 Hr moving average and is just below its 50 Hr moving average.
