Silver Movement
Silver prices declined 0.83% to USD 15.49 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.43, with the silver trading 0.32% lower from yesterday’s close.
The pair is expected to find support at 15.22, and a fall through could take it to the next support level of 15.00. The pair is expected to find its first resistance at 15.69, and a rise through could take it to the next resistance level of 15.94.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
