Silver: White metal trading above its MA’s

 

Silver

Silver Movement

On Friday, Silver prices rose 0.34% to the USD30.22 per ounce during the 24 hours ending 24:00GMT.

In the Asian session, at GMT0400, Silver is trading at 30.27, 0.17% higher from Friday’s close.

Silver is expected to find support at 29.51, and a fall through could take it to the next support level of 28.75. Silver is expected to find its first resistance at 30.75, and a rise through could take it to the next resistance level of 31.22.

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

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