Silver: Trading above $42 per ounce in Asian session

Silver

Silver Movement

Silver prices rose 4.24% to USD 42.26 per ounce during the 24 hours ending 23:00GMT.

In the Asian session at 3:00GMT, silver is trading at USD 42.25 per ounce, 0.02% lower, from 23:00GMT.

The first level of short term resistance on the upside is at 42.96, followed by 43.67. The pair is expected to find support at 41.02, with the subsequent support level at 39.79.

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

This entry was posted in Silver. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>