Silver: Silver traded lower in tandem with gold; moving higher this morning

 

Silver

Silver Movement

Silver prices declined 2.21% to the USD21.22 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 21.27, 0.24% higher from yesterday’s close.

Silver is expected to find support at 21.00, and a fall through could take it to the next support level of 20.73. Silver is expected to find its first resistance at 21.72, and a rise through could take it to the next resistance level of 22.16.

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

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