Silver: Trading between its MA’s

Silver Movement

On Friday, Silver prices rose 0.49% to USD 27.27 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 27.25, 0.05% lower from Friday’s close.

Silver is expected to find support at 27.06, and a fall through could take it to the next support level of 26.87. Silver is expected to find its first resistance at 27.51, and a rise through could take it to the next resistance level of 27.76.

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