Silver: Trading flat after tumbling yesterday

Silver

Silver Movement

Silver prices declined 1.00% to USD 27.18 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading flat at 27.19, from yesterday’s close.

Silver is expected to find support at 26.85, and a fall through could take it to the next support level of 26.52. Silver is expected to find its first resistance at 27.67, and a rise through could take it to the next resistance level of 28.16.

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

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