Silver Movement
On Friday, Silver prices declined 1.17% to the USD23.51 per ounce during the period ending 21:00GMT.
In the Asian session, at GMT0300, Silver is trading at 23.82, 1.34% higher from Friday’s close.
Silver is expected to find support at 23.27, and a fall through could take it to the next support level of 22.72. Silver is expected to find its first resistance at 24.20, and a rise through could take it to the next resistance level of 24.57.
The white metal is trading above its 20 Hr moving average and is showing convergence with its 50 Hr moving average.
