Silver: Gaining strength this morning

Silver

Silver Movement

Silver prices fell 2.03% to USD 33.57 per ounce during the 24 hours ending 23:00GMT on Friday.

In the Asian session, at GMT0400, Silver is trading at 33.6875, 0.36% higher from Friday’s close.

Silver is expected to find support at 33.21, and a fall through could take it to the next support level of 32.72. Silver is expected to find its first resistance at 34.29, and a rise through could take it to the next resistance level of 34.89.

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

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