For the 24 hours to 23:00 GMT, Silver rose 3.46% against the USD and closed at USD20.35 per ounce, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 20.41, with silver trading 0.29% higher against the USD from yesterday’s close.
The pair is expected to find support at 19.90, and a fall through could take it to the next support level of 19.39. The pair is expected to find its first resistance at 20.67, and a rise through could take it to the next resistance level of 20.93.
The white metal is trading above its 20 Hr and 50 Hr moving averages.