Silver Movement
Silver prices declined 3.25% to USD 13.71 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 13.725, with the silver trading 0.15% higher from yesterday’s close.
The pair is expected to find support at 13.55, and a fall through could take it to the next support level of 13.38. The pair is expected to find its first resistance at 14.01, and a rise through could take it to the next resistance level of 14.30.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
