Silver: White Metal rebounds in the Asian session from Friday’s losses

Silver

Silver Movement

On Friday, Silver prices declined 0.74% to USD 33.21per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 33.56, 1.05% higher from Friday’s close.

Silver is expected to find support at 33.19, and a fall through could take it to the next support level of 32.82. Silver is expected to find its first resistance at 33.81, and a rise through could take it to the next resistance level of 34.06.

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

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