Silver: White metal trading higher in the Asian session

 

Silver

Silver Movement

On Friday, Silver prices declined 0.30% to the USD23.29 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0300, Silver is trading at 23.53, 1.02% higher from Friday’s close.

Silver is expected to find support at 23.02, and a fall through could take it to the next support level of 22.51. Silver is expected to find its first resistance at 23.95, and a rise through could take it to the next resistance level of 24.37.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.

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