Silver: White metal reverses its losses this morning

Silver

Silver Movement

On Friday, Silver prices declined 1.17% to USD 15.19 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0300, the pair is trading at 15.23, with the silver trading 0.3% higher from Friday’s close.

The pair is expected to find support at 15.05, and a fall through could take it to the next support level of 14.87. The pair is expected to find its first resistance at 15.49, and a rise through could take it to the next resistance level of 15.76.

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

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