Silver: White metal declines in the Asian session

 

Silver

Silver Movement

Silver prices rose 0.26% to the USD31.90 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 31.89, marginally lower from yesterday’s close.

Silver is expected to find support at 31.72, and a fall through could take it to the next support level of 31.55. Silver is expected to find its first resistance at 32.10, and a rise through could take it to the next resistance level of 32.31.

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

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