Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 2.96% against the USD and closed at USD19.16 per ounce.
In the Asian session, at GMT0300, the pair is trading at 19.18, with silver trading 0.10% higher against the USD from yesterday’s close.
The pair is expected to find support at 18.78, and a fall through could take it to the next support level of 18.38. The pair is expected to find its first resistance at 19.39, and a rise through could take it to the next resistance level of 19.61.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
