Silver: White metal lost shine as the greenback recorded gains; trading higher this morning

 

Silver

Silver Movement

Silver prices declined 1.76% to the USD22.97 per ounce during the 24 hours ending 23:00GMT, amid a strong dollar.

In the Asian session, at GMT0300, Silver is trading at 23.00, 0.14% higher from yesterday’s close.

Silver is expected to find support at 22.61, and a fall through could take it to the next support level of 22.21. Silver is expected to find its first resistance at 23.41, and a rise through could take it to the next resistance level of 23.82.

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

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