Silver Movement
Silver prices declined 3.29% to USD 34.16 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 34.52, 1.07% higher from yesterday’s close.
Silver is expected to find support at 34.17, and a fall through could take it to the next support level of 33.82. Silver is expected to find its first resistance at 34.80, and a rise through could take it to the next resistance level of 35.08.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
