Silver Movement
Silver prices declined 0.27% to USD20.33 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in the prices of industrial metals.
In the Asian session, at GMT0400, Silver is trading at 20.21, 0.57% lower from yesterday’s close.
Silver is expected to find support at 20.13, and a fall through could take it to the next support level of 20.06. Silver is expected to find its first resistance at 20.34, and a rise through could take it to the next resistance level of 20.48.
The white metal is trading just below its 20 Hr and 50 Hr moving averages.
