Silver: White metal trading lower in the Asian session

 

Silver

Silver Movement

Silver prices rose 0.36% to the USD21.46 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 21.43, 0.11% lower from yesterday’s close.

Silver is expected to find support at 21.16, and a fall through could take it to the next support level of 20.89. Silver is expected to find its first resistance at 21.74, and a rise through could take it to the next resistance level of 22.05.

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

 

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