Silver: Industrial metal trading lower this morning

Silver

Silver Movement

Silver prices declined 0.52% to the USD28.90 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 28.81, 0.29% lower from yesterday’s close.

Silver is expected to find support at 28.69, and a fall through could take it to the next support level of 28.56. Silver is expected to find its first resistance at 29.01, and a rise through could take it to the next resistance level of 29.20.

The white metal is trading just below its 20 Hr and 50 Hr moving averages.

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