Silver Movement
Silver prices fell 2.36% to the USD23.79 per ounce during the 24 hours ending 23:00GMT, amid a broad fall in precious metals, following easing Syrian tensions and better than expected US macroeconomic data.
In the Asian session, at GMT0300, Silver is trading at 23.93, 0.59% higher from yesterday’s close.
Silver is expected to find support at 23.59, and a fall through could take it to the next support level of 23.25. Silver is expected to find its first resistance at 24.35, and a rise through could take it to the next resistance level of 24.78.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
