Silver: White metal extends its losses in the Asian session

Silver

Silver Movement

Silver prices declined 2.60% to USD 19.62 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0400, Silver is trading at 19.48, 0.70% lower from yesterday’s close.

Silver is expected to find support at 19.32, and a fall through could take it to the next support level of 19.15. Silver is expected to find its first resistance at 19.78, and a rise through could take it to the next resistance level of 20.08.

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

This entry was posted in Silver. Bookmark the permalink.

Comments are closed.