Silver: White metal continues with its losses this morning

Silver

Silver Movement

On Friday, Silver prices declined 1.74% to USD 19.53 per ounce during the period ending 21:00GMT, tracking losses in gold prices.

In the Asian session, at GMT0300, Silver is trading at 19.55, 0.1% higher from Friday’s close.

Silver is expected to find support at 19.36, and a fall through could take it to the next support level of 19.17. Silver is expected to find its first resistance at 19.84, and a rise through could take it to the next resistance level of 20.14.

The white metal is trading below its 20 Hr and 50 Hr moving averages.

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