Silver Movement
Silver prices declined 0.95% to USD 14.62 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 14.54, with the silver trading 0.55% lower from yesterday’s close.
The pair is expected to find support at 14.32, and a fall through could take it to the next support level of 14.11. The pair is expected to find its first resistance at 14.85, and a rise through could take it to the next resistance level of 15.17.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
