Silver Movement
Silver prices declined 2.58% to USD 20.96 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, Silver is trading at 20.95, tad lower from yesterday’s close.
Silver is expected to find support at 20.73, and a fall through could take it to the next support level of 20.52. Silver is expected to find its first resistance at 21.32, and a rise through could take it to the next resistance level of 21.69.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
