Silver: Trading higher this morning

 

Silver

Silver Movement

Silver prices declined 1.17% to the USD34.11 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 34.21, 0.37% higher from yesterday’s close.

Silver is expected to find support at 33.93, and a fall through could take it to the next support level of 33.65. Silver is expected to find its first resistance at 34.36, and a rise through could take it to the next resistance level of 34.51.

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

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