Silver: Trading higher this morning

Silver

Silver Movement

Silver prices declined 1.83% to USD 30.74 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 30.96, 0.72% higher from yesterday’s close.

Silver is expected to find support at 30.25, and a fall through could take it to the next support level of 29.55. Silver is expected to find its first resistance at 31.83, and a rise through could take it to the next resistance level of 32.70.

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

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