Silver: White metal trading tad lower in the Asian session

 

Silver

Silver Movement

Silver prices declined 0.72% to the USD24.33 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 24.31, marginally lower from yesterday’s close.

Silver is expected to find support at 24.08, and a fall through could take it to the next support level of 23.84. Silver is expected to find its first resistance at 24.52, and a rise through could take it to the next resistance level of 24.73.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.

This entry was posted in Silver. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>