Silver: White metal trading below its MA’s

Silver

Silver Movement

Silver prices declined 0.08% to USD 27.30 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 27.25, 0.16% lower from yesterday’s close.

Silver is expected to find support at 26.85, and a fall through could take it to the next support level of 26.44. Silver is expected to find its first resistance at 27.65, and a rise through could take it to the next resistance level of 28.04.

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

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