Silver: Trading higher

Silver

Silver Movement

On Friday, Silver prices declined 0.06% to USD 28.13 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 28.20, 0.24% higher from Friday’s close.

Silver is expected to find support at 27.77, and a fall through could take it to the next support level of 27.35. Silver is expected to find its first resistance at 28.47, and a rise through could take it to the next resistance level of 28.74.

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

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