Silver Movement
Silver prices declined 1.47% to USD 15.05 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.07, with the silver trading 0.17% higher from yesterday’s close.
The pair is expected to find support at 14.96, and a fall through could take it to the next support level of 14.84. The pair is expected to find its first resistance at 15.25, and a rise through could take it to the next resistance level of 15.43.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
