Silver: White metal trading lower this morning

 

Silver

Silver Movement

Silver prices rose 0.19% to the USD31.82 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 31.79, 0.12% lower from yesterday’s close.

Silver is expected to find support at 31.57, and a fall through could take it to the next support level of 31.36. Silver is expected to find its first resistance at 32.06, and a rise through could take it to the next resistance level of 32.33.

The white metal is trading below its 20 Hr moving average and is showing convergence with its 50 Hr moving average.

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