Silver: White metal trading on a stronger footing this morning

Silver

Silver Movement

Silver prices were flat against the USD at 14.07 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, the pair is trading at 14.185, with the silver trading 0.85% higher from yesterday’s close.

The pair is expected to find support at 14.06, and a fall through could take it to the next support level of 13.93. The pair is expected to find its first resistance at 14.26, and a rise through could take it to the next resistance level of 14.34.

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

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