12/10/12: Silver trading higher in the Asian session (Cozforex)

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Cozfx: Silver prices rose 0.12% to the USD33.84 per ounce amid the past trading session ending 23:00GMT. In the Asian session, Silver is trading at 34.03, 0.28% higher from yesterday’s close.

In technical analysis, silver is predicted to find its first resistance at 34.22, and a rose through could take it to the next resistance line of 34.41. Also, silver is predicted to find support at 33.78, and a fell through could take it to the next support line of 33.53.

Silver is trading above its 20 Hr and 50 Hr moving averages.

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