Silver Movement
Silver prices declined 1.62% to the USD31.70 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 31.62, 0.25% lower from yesterday’s close.
Silver is expected to find support at 31.39, and a fall through could take it to the next support level of 31.16. Silver is expected to find its first resistance at 31.97, and a rise through could take it to the next resistance level of 32.32.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
