Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 2.87% against the USD and closed at 14.75, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 14.67, with the silver trading 0.47% lower from Friday’s close.
The pair is expected to find support at 14.48, and a fall through could take it to the next support level of 14.30. The pair is expected to find its first resistance at 15.03, and a rise through could take it to the next resistance level of 15.39.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
