Silver Movement
On Friday, Silver prices declined 3.70% to USD 14.58 per ounce during the period ending 21:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.11, with the silver trading 3.67% higher from Friday’s close.
The pair is expected to find support at 14.94, and a fall through could take it to the next support level of 14.76. The pair is expected to find its first resistance at 15.36, and a rise through could take it to the next resistance level of 15.60.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
