Silver: Silver trading higher after yesterday’s fall

 

Silver

Silver Movement

Silver prices declined 1.08% to the USD19.44 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 19.49, 0.25% higher from yesterday’s close.

Silver is expected to find support at 19.23, and a fall through could take it to the next support level of 18.97. Silver is expected to find its first resistance at 19.79, and a rise through could take it to the next resistance level of 20.09.

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

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