Silver Movement
Silver prices declined 0.35% to the USD24.00 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 24.39, 1.63% higher from yesterday’s close.
Silver is expected to find support at 24.11, and a fall through could take it to the next support level of 23.84. Silver is expected to find its first resistance at 24.64, and a rise through could take it to the next resistance level of 24.89.
The white metal is showing convergence with its 20 Hr moving average and is trading just above its 50 Hr moving average.
