Silver Movement
On Friday, Silver prices declined 0.25% to USD 16.22 per ounce during the period ending 21:00GMT.
In the Asian session, at GMT0300, the pair is trading at 16.26, with the silver trading 0.25% higher from Friday’s close.
The pair is expected to find support at 16.13, and a fall through could take it to the next support level of 16.00. The pair is expected to find its first resistance at 16.43, and a rise through could take it to the next resistance level of 16.61.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
