Silver Movement
Silver prices declined 14.31% to USD 30.97 per ounce, on Friday, during the 24 hours ending 23:00GMT.
In the Asian session at 3:00GMT, silver is trading at USD 29.61 per ounce, 4.38% lower, from Friday’s 23:00GMT.
The first level of short term resistance on the upside is at 34.20, followed by 38.79. The pair is expected to find support at 27.15, with the subsequent support level at 24.69.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
