Contributors Fundamental Analysis Silver: White Metal Reverses Its Losses This Morning

Silver: White Metal Reverses Its Losses This Morning

For the 24 hours to 23:00 GMT, Silver declined 0.23% against the USD and closed at USD15.47 per ounce.

In the Asian session, at GMT0400, the pair is trading at 15.48, with silver trading 0.06% higher against the USD from yesterday’s close.

The pair is expected to find support at 15.36, and a fall through could take it to the next support level of 15.23. The pair is expected to find its first resistance at 15.63, and a rise through could take it to the next resistance level of 15.77.

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

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