For the 24 hours to 23:00 GMT, Silver rose 0.09% against the USD and closed at USD17.58 per ounce.
In the Asian session, at GMT0300, the pair is trading at 17.61, with silver trading 0.20% higher against the USD from yesterday’s close, tracking gains in the yellow metal prices.
The pair is expected to find support at 17.21, and a fall through could take it to the next support level of 16.80. The pair is expected to find its first resistance at 17.82, and a rise through could take it to the next resistance level of 18.03.
The white metal is trading above its 20 Hr moving average and showing convergence with its 50 Hr moving average.
