Silver: Silver trading higher this morning

 

Silver

Silver Movement

Silver prices declined 0.39% to the USD18.55 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 18.83, 1.53% higher from yesterday’s close.

Silver is expected to find support at 18.37, and a fall through could take it to the next support level of 17.90. Silver is expected to find its first resistance at 19.16, and a rise through could take it to the next resistance level of 19.49.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.

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