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

Silver: White Metal Reverses Its Losses In The Asian Session

For the 24 hours to 23:00 GMT, Silver declined 0.21% against the USD and closed at USD14.20 per ounce.

In the Asian session, at GMT0300, the pair is trading at 14.21, with silver trading 0.07% higher against the USD from yesterday’s close.

The pair is expected to find support at 14.11, and a fall through could take it to the next support level of 14.02. The pair is expected to find its first resistance at 14.32, and a rise through could take it to the next resistance level of 14.44.

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

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version