Silver Movement
Silver prices declined 0.22% to USD 15.68 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.64, with the silver trading 0.26% lower from yesterday’s close.
The pair is expected to find support at 15.48, and a fall through could take it to the next support level of 15.32. The pair is expected to find its first resistance at 15.80, and a rise through could take it to the next resistance level of 15.97.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
