Silver: White metal trading above its moving averages

Silver

Silver Movement

Silver prices rose 1.92% to the USD 21.87 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 22.06, 0.88% higher from yesterday’s close.

Silver is expected to find support at 21.51, and a fall through could take it to the next support level of 20.96. Silver is expected to find its first resistance at 22.40, and a rise through could take it to the next resistance level of 22.74.

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

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