Silver Movement
On Friday, Silver prices declined 0.34% to the USD28.77 per ounce during the period ending 21:00GMT.
In the Asian session, at GMT0400, Silver is trading at 28.78, marginally higher from Friday’s close.
Silver is expected to find support at 28.56, and a fall through could take it to the next support level of 28.35. Silver is expected to find its first resistance at 29.06, and a rise through could take it to the next resistance level of 29.35.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
