Silver Movement
Silver prices declined 1.38% to USD 13.99 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 13.895, with the silver trading 0.64% lower from yesterday’s close.
The pair is expected to find support at 13.74, and a fall through could take it to the next support level of 13.58. The pair is expected to find its first resistance at 14.12, and a rise through could take it to the next resistance level of 14.34.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
