Silver Movement
Silver prices declined 3.55% to the USD 22.60 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 22.74, 0.62% higher from yesterday’s close.
Silver is expected to find support at 22.38, and a fall through could take it to the next support level of 22.01. Silver is expected to find its first resistance at 23.24, and a rise through could take it to the next resistance level of 23.73.
The white metal is showing convergence with its 20 Hr moving average and is trading below its 50 Hr moving average.
