Silver: Silver trading flat this morning

Silver

Silver Movement

 

Silver prices rose 0.46% to USD 31.75 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 31.75, flat from yesterday’s close.

Silver is expected to find support at 31.37, and a fall through could take it to the next support level of 30.99. Silver is expected to find its first resistance at 32.08, and a rise through could take it to the next resistance level of 32.42.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.

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