Silver Movement
Silver prices rose 4.86% to the USD22.93 per ounce during the 24 hours ending 23:00GMT, as a decline in the greenback increased demand for the white metal.
In the Asian session, at GMT0300, Silver is trading at 23.04, 0.48% higher from yesterday’s close.
Silver is expected to find support at 22.12, and a fall through could take it to the next support level of 21.20. Silver is expected to find its first resistance at 23.58, and a rise through could take it to the next resistance level of 24.12.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
