Silver Movement
Silver prices declined 2.27% to USD 31.13 per ounce, on Friday, during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 31.75, 1.99% higher from the Friday’s close.
Silver is expected to find support at 30.77, and a fall through could take it to the next support level of 29.80. Silver is expected to find its first resistance at 32.77, and a rise through could take it to the next resistance level of 33.78.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
