Silver Movement
Silver prices declined 2.87% to USD 15.77 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 15.86, with the silver trading 0.6% higher from yesterday’s close.
The pair is expected to find support at 15.37, and a fall through could take it to the next support level of 14.89. The pair is expected to find its first resistance at 16.50, and a rise through could take it to the next resistance level of 17.14.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
