Silver Movement
On Friday, Silver prices declined 0.81% to USD21.49 per ounce during the period ending 21:00GMT, amid a broadly strong US Dollar.
In the Asian session, at GMT0400, Silver is trading at 21.37, 0.57% lower from Friday’s close.
Silver is expected to find support at 21.12, and a fall through could take it to the next support level of 20.87. Silver is expected to find its first resistance at 21.76, and a rise through could take it to the next resistance level of 22.15.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
