Silver: Silver gives up some gains this morning

Silver

Silver Movement

Silver prices rose 0.23% to USD 30.62 per ounce during the 24 hours ending 24:00GMT.

In the Asian session, at GMT0400, Silver is trading at 30.59, 0.1% lower from yesterday’s close.

Silver is expected to find support at 30.33, and a fall through could take it to the next support level of 30.08. Silver is expected to find its first resistance at 30.88, and a rise through could take it to the next resistance level of 31.16.

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

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