Silver Movement
Silver prices declined 1.03% to USD 14.40 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 14.445, with the silver trading 0.35% higher from yesterday’s close.
The pair is expected to find support at 14.30, and a fall through could take it to the next support level of 14.16. The pair is expected to find its first resistance at 14.56, and a rise through could take it to the next resistance level of 14.67.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
