Silver Movement
Silver prices declined 1.85% to USD 31.58 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 31.57, 0.05% lower from yesterday’s close.
Silver is expected to find support at 31.04, and a fall through could take it to the next support level of 30.52. Silver is expected to find its first resistance at 32.15, and a rise through could take it to the next resistance level of 32.74.
The white metal is showing convergence with its 20 Hr and trading below its 50Hr moving average.
