Silver: White metal trading higher this morning

Silver

Silver Movement

Silver prices marginally declined to USD17.56 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, the pair is trading at 17.63, with the silver trading 0.43% higher against the USD from yesterday’s close.

The pair is expected to find support at 17.44, and a fall through could take it to the next support level of 17.25. The pair is expected to find its first resistance at 17.74, and a rise through could take it to the next resistance level of 17.86.

The white metal is trading above its 20 Hr and 50 Hr moving averages.

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