Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 1.23% against the USD and closed at 18.98, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 19.04, with the silver trading 0.29% higher from yesterday’s close.
The pair is expected to find support at 18.77, and a fall through could take it to the next support level of 18.50. The pair is expected to find its first resistance at 19.19, and a rise through could take it to the next resistance level of 19.35.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
