Silver Movement
Silver prices declined 1.36% to the USD 30.77 per ounce during the 24 hours ending 23:00GMT, as investors await direction ahead of the G-20 meet during the weekend.
In the Asian session, at GMT0400, Silver is trading at 30.83, 0.21% higher from yesterday’s close.
Silver is expected to find support at 30.63, and a fall through could take it to the next support level of 30.42. Silver is expected to find its first resistance at 31.13, and a rise through could take it to the next resistance level of 31.43.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
