Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.41% against the USD and closed at USD18.08 per ounce on Friday.
In the Asian session, at GMT0400, the pair is trading at 18.02, with the silver trading 0.36% lower from Friday’s close.
The pair is expected to find support at 17.95, and a fall through could take it to the next support level of 17.88. The pair is expected to find its first resistance at 18.12, and a rise through could take it to the next resistance level of 18.23.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
