Silver Movement
Silver prices declined 4.75% to USD 34.10 per ounce during the 24 hours ending 23:00GMT.
In the Asian session at 4:00GMT, silver is trading at USD 34.03 per ounce, 0.21% lower from 23:00GMT.
The first level of short term resistance on the upside is at 35.13, followed by 36.23. The pair is expected to find support at 33.23, with the subsequent support level at 32.43.
The pair is showing convergence with its 20 Hr moving average and is trading below its 50 Hr moving average.
