Silver Movement
Silver prices declined 0.68% to the USD33.88 per ounce during the 24 hours ending 23:00GMT, as the greenback strengthened amid concerns over global economic growth.
In the Asian session, at GMT0300, Silver is trading at 33.86, 0.07% lower from yesterday’s close.
Silver is expected to find support at 33.53, and a fall through could take it to the next support level of 33.21. Silver is expected to find its first resistance at 34.21, and a rise through could take it to the next resistance level of 34.55.
The white metal is trading lower its 20 Hr and 50 Hr moving averages.
