Silver Movement
Silver prices declined 0.42% to USD 31.93 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 31.82, 0.34% lower from yesterday’s close.
Silver is expected to find support at 31.48, and a fall through could take it to the next support level of 31.14. Silver is expected to find its first resistance at 32.19, and a rise through could take it to the next resistance level of 32.55.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
