Silver: Trading higher after Friday’s fall

Silver

Silver Movement

On Friday, Silver prices declined 0.31% to USD 28.11 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 28.19, 0.30% higher from Friday’s close.

Silver is expected to find support at 28.03, and a fall through could take it to the next support level of 27.87. Silver is expected to find its first resistance at 28.35, and a rise through could take it to the next resistance level of 28.50.

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

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