Silver: White metal continues to trade lower in the Asian session

Silver

Silver Movement

Silver prices declined 1.55% to the USD31.76 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 31.64, 0.40% lower from yesterday’s close.

Silver is expected to find support at 31.15, and a fall through could take it to the next support level of 30.67. Silver is expected to find its first resistance at 32.32, and a rise through could take it to the next resistance level of 33.01.

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

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