Silver Movement
For the 24 hours to 23:00 GMT, the Silver declined 2.98% against the USD and closed at 15.32, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.21, with the silver trading 0.75% lower from yesterday’s close.
The pair is expected to find support at 15.10, and a fall through could take it to the next support level of 14.99. The pair is expected to find its first resistance at 15.38, and a rise through could take it to the next resistance level of 15.56.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
