Silver: White metal trading below its MA’s

 

Silver

Silver Movement

Silver prices declined 0.22% to the USD28.78 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 28.71, 0.23% lower from yesterday’s close.

Silver is expected to find support at 28.60, and a fall through could take it to the next support level of 28.49. Silver is expected to find its first resistance at 28.85, and a rise through could take it to the next resistance level of 28.99.

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

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