Silver Movement
Silver prices declined 0.56% to USD 19.85 per ounce during the 24 hours ending 23:00GMT, mirroring a fall in the prices of industrial metals.
In the Asian session, at GMT0400, Silver is trading at 19.77, 0.44% lower from yesterday’s close.
Silver is expected to find support at 19.59, and a fall through could take it to the next support level of 19.41. Silver is expected to find its first resistance at 20.05, and a rise through could take it to the next resistance level of 20.33.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
