Silver Movement
Silver prices declined 2.74% to USD20.38 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, Silver is trading at 20.51, 0.64% higher from yesterday’s close.
Silver is expected to find support at 20.25, and a fall through could take it to the next support level of 20.00. Silver is expected to find its first resistance at 20.86, and a rise through could take it to the next resistance level of 21.22.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
