Silver Movement
Silver prices declined 0.60% to the USD22.48 per ounce during the 24 hours ending 23:00GMT, hurt by a stronger US Dollar.
In the Asian session, at GMT0400, Silver is trading at 22.53, 0.22% higher from yesterday’s close.
Silver is expected to find support at 22.42, and a fall through could take it to the next support level of 22.30. Silver is expected to find its first resistance at 22.68, and a rise through could take it to the next resistance level of 22.82.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
