Silver Movement
Silver prices declined 0.96% to USD 27.05 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 27.02, 0.09% lower from yesterday’s close.
Silver is expected to find support at 26.74, and a fall through could take it to the next support level of 26.46. Silver is expected to find its first resistance at 27.25, and a rise through could take it to the next resistance level of 27.48.
The white metal is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.
