Silver: Silver trading flat after yesterday’s rise

SILVER

Silver Movement

Silver prices rose 1.49% to USD 27.36 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading flat at 27.37, from yesterday’s close.

Silver is expected to find support at 26.95, and a fall through could take it to the next support level of 26.53. Silver is expected to find its first resistance at 27.68, and a rise through could take it to the next resistance level of 27.99.

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

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