Silver Movement
Silver prices rose 0.26% to USD 19.97 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the prices of industrial metals.
In the Asian session, at GMT0400, Silver is trading at 20.01, 0.23% higher from yesterday’s close.
Silver is expected to find support at 19.89, and a fall through could take it to the next support level of 19.76. Silver is expected to find its first resistance at 20.18, and a rise through could take it to the next resistance level of 20.34.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
