Silver Movement
On Friday, Silver prices rose 2.76% to USD20.12 per ounce during the period ending 21:00GMT, amid a broad decline in the US Dollar.
In the Asian session, at GMT0400, Silver is trading at 20.19, 0.37% higher from Friday’s close.
Silver is expected to find support at 19.76, and a fall through could take it to the next support level of 19.34. Silver is expected to find its first resistance at 20.49, and a rise through could take it to the next resistance level of 20.80.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
