Silver Movement
Silver prices declined 1.67% to USD 27.27 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 27.59, 1.17% higher from yesterday’s close, as bargain hunters resurfaced after prices tumbled in the previous session.
Silver is expected to find support at 26.90, and a fall through could take it to the next support level of 26.22. Silver is expected to find its first resistance at 28.13, and a rise through could take it to the next resistance level of 28.68.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
