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

Silver: White Metal Trading Higher In The Morning Session

For the 24 hours to 23:00 GMT, Silver rose 4.64% against the USD and closed at USD27.50 per ounce.

In the Asian session, at GMT0300, the pair is trading at 28.07, with silver trading 2.09% higher against the USD from yesterday’s close.

The pair is expected to find support at 26.81, and a fall through could take it to the next support level of 25.55. The pair is expected to find its first resistance at 28.79, and a rise through could take it to the next resistance level of 29.51.

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

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