Silver: Trading lower this morning

Silver

Silver Movement

On Friday, Silver prices declined 0.25% to the USD 34.53 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 34.21, 0.92% lower from Friday’s close.

Silver is expected to find support at 33.97, and a fall through could take it to the next support level of 33.73. Silver is expected to find its first resistance at 34.66, and a rise through could take it to the next resistance level of 35.11.

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

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