Contributors Fundamental Analysis Silver: White Metal Reverses Its Gains In The Asian Session

Silver: White Metal Reverses Its Gains In The Asian Session

For the 24 hours to 23:00 GMT, Silver rose 0.13% against the USD and closed at USD15.06 per ounce.

In the Asian session, at GMT0300, the pair is trading at 14.97, with silver trading 0.56% lower against the USD from yesterday’s close.

The pair is expected to find support at 14.92, and a fall through could take it to the next support level of 14.87. The pair is expected to find its first resistance at 15.06, and a rise through could take it to the next resistance level of 15.15.

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

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