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

Silver: White Metal Trading On A Stronger Footing This Morning

For the 24 hours to 23:00 GMT, Silver traded flat against the USD and closed at USD14.96 per ounce.

In the Asian session, at GMT0300, the pair is trading at 14.98, with silver trading 0.13% higher against the USD from yesterday’s close.

The pair is expected to find support at 14.87, and a fall through could take it to the next support level of 14.77. The pair is expected to find its first resistance at 15.04, and a rise through could take it to the next resistance level of 15.11.

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

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