Silver: White metal trading slightly below its MA’s

Silver

Silver Movement

On Friday, Silver prices marginally declined to USD 21.19 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0300, Silver is trading at 21.09, 0.45% lower from Friday’s close.

Silver is expected to find support at 21.01, and a fall through could take it to the next support level of 20.93. Silver is expected to find its first resistance at 21.23, and a rise through could take it to the next resistance level of 21.36.

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

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