Silver Movement
Silver prices dropped 0.90% to the USD19.54 per ounce during the 24 hours ending 23:00GMT, over sluggish demand.
In the Asian session, at GMT0300, Silver is trading at 19.42, 0.60% lower from yesterday’s close.
Silver is expected to find support at 19.25, and a fall through could take it to the next support level of 19.09. Silver is expected to find its first resistance at 19.70, and a rise through could take it to the next resistance level of 19.98.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
