Silver: White metal lower in the Asian session

 

Silver

Silver Movement

On Friday, Silver prices declined 3.86% to the USD31.07 per ounce during the 24 hours ending 24:00GMT.

In the Asian session, at GMT0400, Silver is trading at 30.92, 0.48% lower from Friday’s close.

Silver is expected to find support at 30.43, and a fall through could take it to the next support level of 29.93. Silver is expected to find its first resistance at 31.80, and a rise through could take it to the next resistance level of 32.69.

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

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