Silver: White metal extends its gains in the Asian Session

Silver

Silver Movement

Silver prices rose 0.38% to USD 18.66 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, the pair is trading at 18.675, with the silver trading 0.11% higher from yesterday’s close.

The pair is expected to find support at 18.5867, and a fall through could take it to the next support level of 18.4983. The pair is expected to find its first resistance at 18.7367, and a rise through could take it to the next resistance level of 18.7983.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.

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