Silver Movement
On Friday, Silver prices declined 0.09% to USD 17.18 per ounce during the period ending 21:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 17.15, with the silver trading 0.15% lower from Friday’s close.
The pair is expected to find support at 17.06, and a fall through could take it to the next support level of 16.98. The pair is expected to find its first resistance at 17.29, and a rise through could take it to the next resistance level of 17.44.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
