Silver: White metal is trading lower this morning

Silver

Silver Movement

Silver prices rose 3.53% to USD 15.27 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, the pair is trading at 15.165, with silver trading 0.66% lower from yesterday’s close, tracking losses in gold prices.

The pair is expected to find support at 14.85, and a fall through could take it to the next support level of 14.53. The pair is expected to find its first resistance at 15.42, and a rise through could take it to the next resistance level of 15.68.

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

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