Silver Movement
Silver prices declined 0.72% to USD 15.25 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 15.21, with the silver trading 0.23% lower from yesterday’s close.
The pair is expected to find support at 15.10, and a fall through could take it to the next support level of 15.00. The pair is expected to find its first resistance at 15.39, and a rise through could take it to the next resistance level of 15.57.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
