Silver Movement
Silver prices ticked up 3.71% to the USD20.57 per ounce during the 24 hours ending 23:00GMT, as a sharp drop in prices last week encouraged fresh buying.
In the Asian session, at GMT0300, Silver is trading at 20.46, 0.52% lower from yesterday’s close.
Silver is expected to find support at 19.99, and a fall through could take it to the next support level of 19.51. Silver is expected to find its first resistance at 20.78, and a rise through could take it to the next resistance level of 21.10.
The white metal is trading above its 20 Hr and its 50 Hr moving averages.
