Silver Movement
Silver prices declined 0.21% to USD 16.55 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 16.43, with the silver trading 0.73% lower from yesterday’s close.
The pair is expected to find support at 16.31, and a fall through could take it to the next support level of 16.20. The pair is expected to find its first resistance at 16.59, and a rise through could take it to the next resistance level of 16.76.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
