Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 2.71% against the USD and closed at 20.28, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 20.71, with the silver trading 2.12% higher from Friday’s close.
The pair is expected to find support at 19.74, and a fall through could take it to the next support level of 18.77. The pair is expected to find its first resistance at 21.22, and a rise through could take it to the next resistance level of 21.73.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
