Silver: White metal moving northwards this morning

 

Silver

Silver Movement

On Friday, Silver prices rose 0.40% to the USD31.87 per ounce during the 24 hours ending 24:00GMT.

In the Asian session, at GMT0400, Silver is trading at 31.98, 0.35% higher from Friday’s close.

Silver is expected to find support at 31.75, and a fall through could take it to the next support level of 31.52. Silver is expected to find its first resistance at 32.16, and a rise through could take it to the next resistance level of 32.35.

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

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