Silver: Silver trading higher in the Asian session

Silver

Silver Movement

On Friday, Silver prices declined 1.05% to the USD19.94 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0300, Silver is trading at 20.08, 0.72% higher from Friday’s close.

Silver is expected to find support at 19.77, and a fall through could take it to the next support level of 19.46. Silver is expected to find its first resistance at 20.28, and a rise through could take it to the next resistance level of 20.49.

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

 

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