Silver: White metal extends its gains in the Asian session

Silver

Silver Movement

Silver prices rose 1.09% to USD19.81 per ounce during the 24 hours ending 23:00GMT, mirroring gains in the prices of industrial metals.

In the Asian session, at GMT0400, Silver is trading at 19.85, 0.17% higher from yesterday’s close.

Silver is expected to find support at 19.55, and a fall through could take it to the next support level of 19.25. Silver is expected to find its first resistance at 20.07, and a rise through could take it to the next resistance level of 20.30.

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

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