Silver: White metal trading lower in the Asian session

Silver

Silver Movement

Silver prices rose 0.31% to USD 14.57 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, the pair is trading at 14.55, with silver trading 0.1% lower from yesterday’s close.

The pair is expected to find support at 14.45, and a fall through could take it to the next support level of 14.35. The pair is expected to find its first resistance at 14.66, and a rise through could take it to the next resistance level of 14.77.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.

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