Silver Movement
On Friday, Silver prices declined 0.13% to USD20.77 per ounce during the period ending 21:00GMT, amid a broad decline in metal prices.
In the Asian session, at GMT0400, Silver is trading at 20.74, 0.11% lower from Friday’s close.
Silver is expected to find support at 20.59, and a fall through could take it to the next support level of 20.44. Silver is expected to find its first resistance at 20.88, and a rise through could take it to the next resistance level of 21.01.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
