Silver Movement
On Friday, Silver prices rose 0.54% to USD19.49 per ounce during the period ending 21:00GMT, amid a broad gain in metal prices.
In the Asian session, at GMT0400, Silver is trading at 19.52, 0.16% higher from Friday’s close.
Silver is expected to find support at 19.23, and a fall through could take it to the next support level of 18.93. Silver is expected to find its first resistance at 19.81, and a rise through could take it to the next resistance level of 20.09.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
