For the 24 hours to 23:00 GMT, Silver rose 1.39% against the USD and closed at USD15.64 per ounce.
In the Asian session, at GMT0300, the pair is trading at 15.58, with silver trading 0.42% lower against the USD from yesterday’s close.
The pair is expected to find support at 15.38, and a fall through could take it to the next support level of 15.18. The pair is expected to find its first resistance at 15.79, and a rise through could take it to the next resistance level of 16.00.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
