Silver: White metal trading lower in the Asian session

Silver

Silver Movement

On Friday, Silver declined 5.12% to USD 15.39 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0400, the pair is trading at 14.93, with the silver trading 2.96% lower from Friday’s close.

The pair is expected to find support at 14.00, and a fall through could take it to the next support level of 13.07. The pair is expected to find its first resistance at 16.01, and a rise through could take it to the next resistance level of 17.10.

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

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