Silver Movement
Silver prices declined 1.28% to the USD29.02 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 29.07, 0.17% higher from yesterday’s close.
Silver is expected to find support at 28.85, and a fall through could take it to the next support level of 28.63. Silver is expected to find its first resistance at 29.30, and a rise through could take it to the next resistance level of 29.54.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
