Silver: White metal extends its losses in the Asian trading session

Silver

Silver Movement

Silver prices declined 0.61 % to USD20.25 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 20.16, 0.47% lower from yesterday’s close.

Silver is expected to find support at 19.96, and a fall through could take it to the next support level of 19.76. Silver is expected to find its first resistance at 20.50, and a rise through could take it to the next resistance level of 20.84.

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

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