Silver: White metal trading lower this morning

Silver

Silver Movement

For the 24 hours to 23:00 GMT, Silver rose 0.81% against the and closed at 18.61.

In the Asian session, at GMT0400, the pair is trading at 18.48, with the silver trading 0.73% lower against the USD from yesterday’s close.

The pair is expected to find support at 18.22, and a fall through could take it to the next support level of 17.97. The pair is expected to find its first resistance at 18.86, and a rise through could take it to the next resistance level of 19.24.

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

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