Silver: White metal gives up some gains in the Asian session

Silver

Silver Movement

Silver prices rose 1.67% to USD 1661.54per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 30.53, 0.07% lower from yesterday’s close.

Silver is expected to find support at 29.99, and a fall through could take it to the next support level of 29.44. Silver is expected to find its first resistance at 30.86, and a rise through could take it to the next resistance level of 31.18.

The white metal is trading above its 20 Hr and its 50 Hr moving average.

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