Silver Movement
On Friday, Silver prices declined 0.77% to USD 14.86 per ounce during the period ending 21:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 14.57, with the silver trading 1.88% lower from Friday’s close.
The pair is expected to find support at 14.37, and a fall through could take it to the next support level of 14.17. The pair is expected to find its first resistance at 14.89, and a rise through could take it to the next resistance level of 15.20.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
