Silver: White metal fell sharply on Friday, trading higher in the Asian session

 

Silver

Silver Movement

On Friday, Silver prices declined 1.50% to the USD28.74 per ounce.

In the Asian session, at GMT0400, Silver is trading at 28.89, 0.52% higher from Friday’s close.

Silver is expected to find support at 28.60, and a fall through could take it to the next support level of 28.30. Silver is expected to find its first resistance at 29.18, and a rise through could take it to the next resistance level of 29.47.

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

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