Silver: Silver trading lower this morning

 

Silver

Silver Movement

On Friday, Silver prices declined 3.46% to the USD18.91 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0300, Silver is trading at 18.83, 0.42% lower from Friday’s close.

Silver is expected to find support at 18.56, and a fall through could take it to the next support level of 18.29. Silver is expected to find its first resistance at 19.26, and a rise through could take it to the next resistance level of 19.69.

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

This entry was posted in Silver. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>