Silver Movement
On Friday, Silver prices declined 2.06% to the USD29.80 per ounce during the 24 hours ending 24:00GMT, amid a stronger dollar.
In the Asian session, at GMT0400, Silver is trading at 30.08, 0.93% higher from Friday’s close.
Silver is expected to find support at 29.70, and a fall through could take it to the next support level of 29.32. Silver is expected to find its first resistance at 30.44, and a rise through could take it to the next resistance level of 30.80.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
