Silver Movement
Silver prices rose 0.08% to USD 19.61 per ounce during the 24 hours ending 23:00GMT, supported by lingering geo-political tensions in Ukraine.
In the Asian session, at GMT0300, Silver is trading at 19.69, 0.41% higher from yesterday’s close.
Silver is expected to find support at 19.56, and a fall through could take it to the next support level of 19.43. Silver is expected to find its first resistance at 19.77, and a rise through could take it to the next resistance level of 19.85.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
