Silver: Trading lower this morning

Silver

Silver Movement

Silver prices rose 1.24% to USD 34.26 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 34.16, 0.30% lower from yesterday’s close.

Silver is expected to find support at 33.62, and a fall through could take it to the next support level of 33.07. Silver is expected to find its first resistance at 34.55, and a rise through could take it to the next resistance level of 34.95.

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

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