Silver Movement
Silver prices fell 1.82% to the USD29.44 per ounce during the 24 hours ending 23:00GMT, amid sluggish industrial demand and reduced off-take by traders.
In the Asian session, at GMT0400, Silver is trading at 29.57, 0.44% higher from yesterday’s close.
Silver is expected to find support at 29.15, and a fall through could take it to the next support level of 28.74. Silver is expected to find its first resistance at 30.07, and a rise through could take it to the next resistance level of 30.57.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
