Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.35% against the USD and closed at USD14.12 per ounce.
In the Asian session, at GMT0300, the pair is trading at 14.22, with silver trading 0.71% higher against the USD from yesterday’s close.
The pair is expected to find support at 14.02, and a fall through could take it to the next support level of 13.81. The pair is expected to find its first resistance at 14.46, and a rise through could take it to the next resistance level of 14.70.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
