Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.65% against the USD and closed at USD14.52 per ounce on Friday.
In the Asian session, at GMT0300, the pair is trading at 14.54, with silver trading 0.10% higher against the USD from Friday’s close.
The pair is expected to find support at 14.40, and a fall through could take it to the next support level of 14.27. The pair is expected to find its first resistance at 14.71, and a rise through could take it to the next resistance level of 14.89.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
