Silver Movement
For the 24 hours to 23:00 GMT, the Silver declined 0.14% against the USD and closed at 14.09, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 14.11, with the silver trading 0.18% higher from Friday’s close.
The pair is expected to find support at 13.97, and a fall through could take it to the next support level of 13.82. The pair is expected to find its first resistance at 14.31, and a rise through could take it to the next resistance level of 14.50.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
