Silver Movement
Silver prices rose 2.78% to the USD23.51 per ounce during the 24 hours ending 23:00GMT, tracking the rise in gold prices.
In the Asian session, at GMT0300, Silver is trading at 23.44, 0.32% lower from yesterday’s close.
Silver is expected to find support at 22.54, and a fall through could take it to the next support level of 21.65. Silver is expected to find its first resistance at 24.14, and a rise through could take it to the next resistance level of 24.84.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
