Silver: Trading just above its MA’s

Silver

Silver Movement

Silver prices rose 0.49% to USD 33.56 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 33.66, 0.29% higher from yesterday’s close.

Silver is expected to find support at 33.40, and a fall through could take it to the next support level of 33.14. Silver is expected to find its first resistance at 33.87, and a rise through could take it to the next resistance level of 34.09.

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

This entry was posted in Silver. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>