Silver Movement
Silver prices declined 0.42% to USD 14.18 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 14.1, with the silver trading 0.53% lower from yesterday’s close.
The pair is expected to find support at 14.03, and a fall through could take it to the next support level of 13.95. The pair is expected to find its first resistance at 14.21, and a rise through could take it to the next resistance level of 14.32.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
