Silver: Silver gives up some gains in the Asian session

Silver

Silver Movement

Silver prices rose 1.82% to the USD19.79 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 19.68, 0.60% lower from yesterday’s close.

Silver is expected to find support at 19.38, and a fall through could take it to the next support level of 19.08. Silver is expected to find its first resistance at 19.95, and a rise through could take it to the next resistance level of 20.23.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.

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