Silver Movement
Silver prices rose 0.24% to USD 20.87 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, Silver is trading at 20.84, 0.12% lower from yesterday’s close.
Silver is expected to find support at 20.74, and a fall through could take it to the next support level of 20.63. Silver is expected to find its first resistance at 20.95, and a rise through could take it to the next resistance level of 21.05.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
