Silver: Silver trading higher in the Asian session, after tumbling yesterday

 

Silver

Silver Movement

Silver prices declined 5.19% to the USD18.62 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 18.83, 1.13% higher from yesterday’s close.

Silver is expected to find support at 18.46, and a fall through could take it to the next support level of 18.08. Silver is expected to find its first resistance at 19.19, and a rise through could take it to the next resistance level of 19.56.

The white metal is trading between its 20 Hr and 50 Hr moving averages.

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