Silver: Trading above its MA’s

Silver

Silver Movement

Silver prices rose 4.02% to USD 34.57 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 34.67, 0.30% higher from yesterday’s close.

Silver is expected to find support at 33.26, and a fall through could take it to the next support level of 31.86. Silver is expected to find its first resistance at 35.51, and a rise through could take it to the next resistance level of 36.35.

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

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