Silver Movement
Silver prices declined 0.45% to USD 15.64 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0400, the pair is trading at 15.63, with the silver trading a tad lower from yesterday’s close.
The pair is expected to find support at 15.52, and a fall through could take it to the next support level of 15.41. The pair is expected to find its first resistance at 15.75, and a rise through could take it to the next resistance level of 15.87.
The white metal is trading slightly below its 20 Hr and 50 Hr moving averages.
