Silver Movement
On Friday, Silver prices declined 1.01% to USD 15.72 per ounce during the period ending 21:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.84, with the silver trading 0.8% higher from Friday’s close.
The pair is expected to find support at 15.64, and a fall through could take it to the next support level of 15.45. The pair is expected to find its first resistance at 15.97, and a rise through could take it to the next resistance level of 16.11.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
