Silver Movement
On Friday, Silver prices declined 4.10% to the USD21.68 per ounce during the period ending 21:00GMT, as the dollar strengthened following a report indicating a rise in jobs in the US last month.
In the Asian session, at GMT0300, Silver is trading at 21.83, 0.71% higher from Friday’s close.
Silver is expected to find support at 21.26, and a fall through could take it to the next support level of 20.68. Silver is expected to find its first resistance at 22.61, and a rise through could take it to the next resistance level of 23.39.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
