Silver Movement
Silver prices declined 0.68% to the USD33.78 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 33.65, 0.38% lower from yesterday’s close.
Silver is expected to find support at 33.03, and a fall through could take it to the next support level of 32.41. Silver is expected to find its first resistance at 34.16, and a rise through could take it to the next resistance level of 34.67.
The white metal is showing convergence with its 20 Hr moving average and is trading below its 50 Hr moving average.
