Silver: White metal trading higher in the Asian session

 

Silver

Silver Movement

On Friday, Silver prices declined 0.47% to the USD30.02 per ounce during the 24 hours ending 24:00GMT.

In the Asian session, at GMT0400, Silver is trading at 30.16, 0.48% higher from Friday’s close.

Silver is expected to find support at 29.93, and a fall through could take it to the next support level of 29.70. Silver is expected to find its first resistance at 30.35, and a rise through could take it to the next resistance level of 30.53.

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

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