Silver Movement
Silver prices declined 2.05% to USD 14.58 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 15.06, with the silver trading 3.29% higher from yesterday’s close, tracking gains in gold prices.
The pair is expected to find support at 14.79, and a fall through could take it to the next support level of 14.53. The pair is expected to find its first resistance at 15.30, and a rise through could take it to the next resistance level of 15.54.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
