Silver Movement
Silver prices declined 1.65% to USD 13.67 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 13.7, with the silver trading 0.22% higher from yesterday’s close.
The pair is expected to find support at 13.575, and a fall through could take it to the next support level of 13.45. The pair is expected to find its first resistance at 13.87, and a rise through could take it to the next resistance level of 14.04.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
