Silver: Trading lower this morning

Silver

Silver Movement

Silver prices declined 0.49% to USD 33.63per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 33.57, 0.15% lower from yesterday’s close.

Silver is expected to find support at 33.34, and a fall through could take it to the next support level of 33.11. Silver is expected to find its first resistance at 33.92, and a rise through could take it to the next resistance level of 34.27.

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

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