Silver: White metal trading lower in the Asian session

 

Silver

Silver Movement

Silver prices declined 0.72% to the USD28.97 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 28.81, 0.54% lower from yesterday’s close.

Silver is expected to find support at 28.53, and a fall through could take it to the next support level of 28.25. Silver is expected to find its first resistance at 29.20, and a rise through could take it to the next resistance level of 29.59.

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

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