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    HomeContributorsFundamental AnalysisSilver: 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 3.69% against the USD and closed at USD23.50 per ounce.

    In the Asian session, at GMT0300, the pair is trading at 23.71, with silver trading 0.89% higher against the USD from yesterday’s close.

    The pair is expected to find support at 23.00, and a fall through could take it to the next support level of 22.30. The pair is expected to find its first resistance at 24.40, and a rise through could take it to the next resistance level of 25.10.

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

    GCI Financial
    GCI Financialhttp://www.gcitrading.com/
    DISCLAIMER : GCI's Daily Market Commentary is provided for informational purposes only. The information contained in these reports is gathered from reputable news sources and is not intended to be used as investment advice. GCI assumes no responsibility or liability from gains or losses incurred by the information herein contained.

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