Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.33% against the USD and closed at USD 19.98, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 19.86, with the silver trading 0.6% lower from yesterday’s close.
The pair is expected to find support at 19.77, and a fall through could take it to the next support level of 19.56. The pair is expected to find its first resistance at 20.07, and a rise through could take it to the next resistance level of 20.29.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
