Contributors Fundamental Analysis Silver: White Metal Trading On A Negative Footing This Morning

Silver: White Metal Trading On A Negative Footing This Morning

For the 24 hours to 23:00 GMT, Silver declined 0.27% against the USD and closed at USD14.55 per ounce on Friday.

In the Asian session, at GMT0300, the pair is trading at 14.505, with silver trading 0.31% lower against the USD from Friday’s close.

The pair is expected to find support at 14.37, and a fall through could take it to the next support level of 14.24. The pair is expected to find its first resistance at 14.70, and a rise through could take it to the next resistance level of 14.90.

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

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