Silver Movement
Silver prices declined 0.12% to USD 16.02 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 16.03, with the silver trading 0.06% higher from yesterday’s close.
The pair is expected to find support at 15.94, and a fall through could take it to the next support level of 15.85. The pair is expected to find its first resistance at 16.15, and a rise through could take it to the next resistance level of 16.27.
The white metal showing convergence with its 20 Hr and 50 Hr moving averages.
