Silver: White metal trading lower in the Asian session

Silver

Silver Movement

Silver prices rose/declined 0.34% to USD 17.39 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, the pair is trading at 17.355, with silver trading 0.17% lower from yesterday’s close.

The pair is expected to find support at 17.20, and a fall through could take it to the next support level of 17.04. The pair is expected to find its first resistance at 17.51, and a rise through could take it to the next resistance level of 17.66.

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

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