Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 2.18% against the USD and closed at 19.30.
In the Asian session, at GMT0300, the pair is trading at 18.89, with the silver trading 2.1% lower from Friday’s close.
The pair is expected to find support at 18.58, and a fall through could take it to the next support level of 18.27. The pair is expected to find its first resistance at 19.45, and a rise through could take it to the next resistance level of 20.02.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
