Silver: Silver trading below its MAs’

Silver

Silver Movement

Silver prices rose 1.10% to the USD19.29 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 19.11, 0.98% lower from yesterday’s close.

Silver is expected to find support at 18.92, and a fall through could take it to the next support level of 18.72. Silver is expected to find its first resistance at 19.42, and a rise through could take it to the next resistance level of 19.73.

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

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