Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 1.66% against the USD and closed at 15.41, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.27, with the silver trading 0.91% lower from yesterday’s close.
The pair is expected to find support at 15.07, and a fall through could take it to the next support level of 14.88. The pair is expected to find its first resistance at 15.60, and a rise through could take it to the next resistance level of 15.93.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
