Silver Movement
Silver prices declined 2.46% to USD 15.69 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 15.68, with the silver trading a tad lower from yesterday’s close.
The pair is expected to find support at 15.41, and a fall through could take it to the next support level of 15.15. The pair is expected to find its first resistance at 16.06, and a rise through could take it to the next resistance level of 16.44.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
