Contributors Fundamental Analysis Silver: White Metal Trading Higher In The Asian Session

Silver: White Metal Trading Higher In The Asian Session

For the 24 hours to 23:00 GMT, Silver declined 0.57% against the USD and closed at USD17.53 per ounce.

In the Asian session, at GMT0300, the pair is trading at 17.54, with silver trading marginally higher against the USD from yesterday’s close.

The pair is expected to find support at 17.33, and a fall through could take it to the next support level of 17.13. The pair is expected to find its first resistance at 17.89, and a rise through could take it to the next resistance level of 18.25.

The white metal is trading below 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