Silver Movement
For the 24 hours to 23:00 GMT, the Silver declined 1.69% against the USD and closed at 14.26, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 14.25, with the silver trading 0.07% lower from yesterday’s close.
The pair is expected to find support at 14.05, and a fall through could take it to the next support level of 13.85. The pair is expected to find its first resistance at 14.47, and a rise through could take it to the next resistance level of 14.69.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
