Silver: White metal trading below its MA’s

Silver

Silver Movement

Silver prices rose 0.10% to the USD33.58 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 33.39, 0.54% lower from yesterday’s close.

Silver is expected to find support at 33.21, and a fall through could take it to the next support level of 33.03. Silver is expected to find its first resistance at 33.72, and a rise through could take it to the next resistance level of 34.05.

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

 

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