Silver Movement
Silver prices fell marginally declined to the USD28.95 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 28.92, marginally lower from yesterday’s close.
Silver is expected to find support at 28.70, and a fall through could take it to the next support level of 28.47. Silver is expected to find its first resistance at 29.12, and a rise through could take it to the next resistance level of 29.32.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
