HomeContributorsFundamental AnalysisSilver: White Metal Trading A Tad Lower In The Asian Session

Silver: White Metal Trading A Tad Lower In The Asian Session

For the 24 hours to 23:00 GMT, Silver marginally rose against the USD and closed at USD15.37 per ounce.

In the Asian session, at GMT0400, the pair is trading at 15.36, with silver trading slightly lower against the USD from yesterday’s close.

The pair is expected to find support at 15.28, and a fall through could take it to the next support level of 15.19. The pair is expected to find its first resistance at 15.45, and a rise through could take it to the next resistance level of 15.53.

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

GCI Financial
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