Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 2.16% against the USD and closed at 18.92.
In the Asian session, at GMT0300, the pair is trading at 18.85, with the silver trading 0.37% lower from yesterday’s close.
The pair is expected to find support at 18.55, and a fall through could take it to the next support level of 18.26. The pair is expected to find its first resistance at 19.09, and a rise through could take it to the next resistance level of 19.34.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
