Silver: White metal trading on positive footing in the morning session

Silver

Silver Movement

For the 24 hours to 23:00 GMT, Silver declined 0.10% against the USD and closed at USD 14.59 per ounce.

In the Asian session, at GMT0400, the pair is trading at 14.79, with silver trading 1.37% higher against the USD from yesterday’s close.

The pair is expected to find support at 14.47, and a fall through could take it to the next support level of 14.16. The pair is expected to find its first resistance at 15.04, and a rise through could take it to the next resistance level of 15.30.

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

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