Silver: White metal trading on a stronger footing this morning

Silver

Silver Movement

For the 24 hours to 23:00 GMT, the Silver traded flat against the USD and closed at 14.26.

In the Asian session, at GMT0400, the pair is trading at 14.30, with the silver trading 0.28% higher from Friday’s close.

The pair is expected to find support at 14.20, and a fall through could take it to the next support level of 14.11. The pair is expected to find its first resistance at 14.35, and a rise through could take it to the next resistance level of 14.41.

The white metal is trading above its 20 Hr moving average and showing convergence with its 50 Hr moving average.

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