Silver Movement
Silver prices rose 3.32% to USD 33.88 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 4:00GMT, silver is trading at USD 33.58 per ounce, 0.89% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 34.21, followed by 34.84. The pair is expected to find support at 32.96, with the subsequent support level at 32.34.
The pair is showing convergence with its 20 Hr moving average and is trading well above its 50 Hr moving average.
