Silver: White metal trading on a stronger footing in the Asian session

Silver

Silver Movement

Silver prices declined 4.81% to USD 14.55 per ounce during the 24 hours ending 23:00GMT, .

In the Asian session, at GMT0300, the pair is trading at 15.61, with the silver trading 7.32% higher from yesterday’s close.

The pair is expected to find support at 15.23, and a fall through could take it to the next support level of 14.85. The pair is expected to find its first resistance at 15.86, and a rise through could take it to the next resistance level of 16.11.

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

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