Silver Movement
Silver prices declined 8.61% to USD 14.55 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices
In the Asian session, at GMT0300, the pair is trading at 15.67, with the silver trading 7.73% higher from yesterday’s close.
The pair is expected to find support at 15.46, and a fall through could take it to the next support level of 15.25. The pair is expected to find its first resistance at 16.00, and a rise through could take it to the next resistance level of 16.32.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
