Silver Movement

For the 24 hours to 23:00 GMT, Silver declined 0.58% against the USD and closed at USD15.34 per ounce.

In the Asian session, at GMT0300, the pair is trading at 15.31, with silver trading 0.20% lower against the USD from yesterday’s close.

The pair is expected to find support at 15.23, and a fall through could take it to the next support level of 15.15. The pair is expected to find its first resistance at 15.43, and a rise through could take it to the next resistance level of 15.56.

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

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