Silver Movement
Silver prices rose 0.14% to USD 21.20 per ounce during the 24 hours ending 23:00GMT, mirroring gains in the price of industrial metals.
In the Asian session, at GMT0400, Silver is trading at 21.22, 0.08% higher from yesterday’s close.
Silver is expected to find support at 21.14, and a fall through could take it to the next support level of 21.06. Silver is expected to find its first resistance at 21.31, and a rise through could take it to the next resistance level of 21.41.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
