Silver Movement
Silver prices declined 0.36% to USD21.35 per ounce during the 24 hours ending 23:00GMT, following the broad strength in the US dollar.
In the Asian session, at GMT0400, Silver is trading at 21.11, 1.16% lower from yesterday’s close.
Silver is expected to find support at 20.96, and a fall through could take it to the next support level of 20.82. Silver is expected to find its first resistance at 21.36, and a rise through could take it to the next resistance level of 21.61.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
