By GCI Forex Research
Silver prices rose 0.45% to USD 36.03 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 4:00GMT, silver is trading at USD 35.94 per ounce, 0.25% lower, from 23:00GMT.
The first level of short term resistance on the upside is at 36.43, followed by 36.93. The pair is expected to find support at 35.55, with the subsequent support level at 35.17.
The pair is showing convergence with its 20 Hr and 50 Hr moving averages.
Forex Daily Market Commentary provided by GCI Financial Ltd.
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