Silver: White metal coughs up gains, trading higher this morning

Silver

Silver Movement

Silver prices declined 4.18% to USD 33.69 per ounce during the 24 hours ending 23:00GMT.

In the Asian session at 3:00GMT, silver is trading at USD 33.92 per ounce, 0.68% higher, from 23:00GMT.

The first level of short term resistance on the upside is at 34.99, followed by 36.07. The pair is expected to find support at 33.15, with the subsequent support level at 32.39.

The pair is trading just below its 20 Hr and 50 Hr moving averages.

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