Silver: White metal losing ground in the Asian session

Silver

Silver Movement

Silver prices rose 1.16% to the USD 33.35 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 33.02, 0.97% lower from yesterday’s close.

Silver is expected to find support at 32.62, and a fall through could take it to the next support level of 32.22. Silver is expected to find its first resistance at 33.62, and a rise through could take it to the next resistance level of 34.21.

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

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