Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 2.16% against the USD and closed at 13.85, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 13.84, with the silver trading flat from yesterday’s close.
The pair is expected to find support at 13.66, and a fall through could take it to the next support level of 13.48. The pair is expected to find its first resistance at 14.10, and a rise through could take it to the next resistance level of 14.36.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
