Silver Movement
Silver prices declined 1.46% to the USD 34.02 per ounce during the 24 hours ending 23:00GMT, as concerns over the outlook for global growth weighed on industrial metal prices.
In the Asian session, at GMT0300, Silver is trading at 34.05, 0.1% higher from Yesterday’s close.
Silver is expected to find support at 33.70, and a fall through could take it to the next support level of 33.35. Silver is expected to find its first resistance at 34.33, and a rise through could take it to the next resistance level of 34.60.
The white metal is trading between its 20 Hr and 50 Hr moving average.
