Silver Movement
Silver prices declined 0.30% to USD 15.08 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.09, with the silver trading 0.1% higher from yesterday’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 14.79. The pair is expected to find its first resistance at 15.22, and a rise through could take it to the next resistance level of 15.35.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
