Silver: White metal trading lower this morning

Silver

Silver Movement

Silver prices rose 0.59% to USD 19.66 per ounce during the 24 hours ending 23:00GMT, on strong demand for safe-haven assets.

In the Asian session, at GMT0300, Silver is trading at 19.57, 0.42% lower from yesterday’s close.

Silver is expected to find support at 19.34, and a fall through could take it to the next support level of 19.1. Silver is expected to find its first resistance at 19.82, and a rise through could take it to the next resistance level of 20.07.

The white metal is trading just below its 20 Hr and 50 Hr moving averages.

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