Silver: White metal trading between its MA’s

Silver

Silver Movement

For the 24 hours to 23:00 GMT, Silver rose 0.16% against the USD and closed at USD18.22.

In the Asian session, at GMT0400, the pair is trading at 18.24, with the silver trading 0.11% higher from yesterday’s close.

The pair is expected to find support at 18.07, and a fall through could take it to the next support level of 17.90. The pair is expected to find its first resistance at 18.34, and a rise through could take it to the next resistance level of 18.44.

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

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