Silver: White metal trading on a weaker footing this morning

Silver

Silver Movement

On Friday, Silver prices rose 0.69% to USD 17.63 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0300, the pair is trading at 17.495, with the silver trading 0.77% lower from Friday’s close.

The pair is expected to find support at 17.3817, and a fall through could take it to the next support level of 17.2683. The pair is expected to find its first resistance at 17.6667, and a rise through could take it to the next resistance level of 17.8383.

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

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