Silver: White metal trading on a negative footing this morning

Silver

Silver Movement

For the 24 hours to 23:00 GMT, Silver rose 0.41% against the USD and closed at USD14.68 per ounce on Friday.

In the Asian session, at GMT0300, the pair is trading at 14.51, with silver trading 1.12% lower against the USD from Friday’s close.

The pair is expected to find support at 14.42, and a fall through could take it to the next support level of 14.33. The pair is expected to find its first resistance at 14.68, and a rise through could take it to the next resistance level of 14.84.

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

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