Silver: White metal trading higher this morning

 

Silver

Silver Movement

On Friday, Silver prices rose 0.38% to the USD29.00 per ounce.

In the Asian session, at GMT0400, Silver is trading at 29.05, 0.16% higher from Friday’s close.

Silver is expected to find support at 28.54, and a fall through could take it to the next support level of 28.02. Silver is expected to find its first resistance at 29.40, and a rise through could take it to the next resistance level of 29.75.

The white metal is trading way above its 20 Hr and 50 Hr moving averages.

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