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

Silver

Silver Movement

Silver prices rose 0.13% to USD 15.85 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, the pair is trading at 15.885, with the silver trading 0.25% higher from yesterday’s close.

The pair is expected to find support at 15.77, and a fall through could take it to the next support level of 15.65. The pair is expected to find its first resistance at 16.00, and a rise through could take it to the next resistance level of 16.05.

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

This entry was posted in Silver. Bookmark the permalink.

Comments are closed.