Silver: Trading above its MA’s

Silver

Silver Movement

Silver prices declined 0.32% to USD 26.96 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 26.99, 0.09% higher from yesterday’s close.

Silver is expected to find support at 26.69, and a fall through could take it to the next support level of 26.4. Silver is expected to find its first resistance at 27.23, and a rise through could take it to the next resistance level of 27.47.

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

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