For the 24 hours to 23:00 GMT, Silver rose 1.45% against the USD and closed at USD15.42 per ounce, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.37, with silver trading 0.32% lower against the USD from yesterday’s close.
The pair is expected to find support at 15.22, and a fall through could take it to the next support level of 15.07. The pair is expected to find its first resistance at 15.49, and a rise through could take it to the next resistance level of 15.60.
- advertisement -
The white metal is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average.
