Silver Movement
Silver prices rose 0.18% to USD 19.05 per ounce during the 24 hours ending 23:00GMT, on industrial buying.
In the Asian session, at GMT0300, Silver is trading at 19.06, slightly higher from yesterday’s close.
Silver is expected to find support at 18.98, and a fall through could take it to the next support level of 18.91. Silver is expected to find its first resistance at 19.16, and a rise through could take it to the next resistance level of 19.27.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
