Silver Movement
Silver prices declined marginally to USD 19.94 per ounce during the 24 hours ending 23:00GMT, on subdued industrial demand.
In the Asian session, at GMT0300, Silver is trading at 19.93, 0.07% lower from yesterday’s close.
Silver is expected to find support at 19.81, and a fall through could take it to the next support level of 19.68. Silver is expected to find its first resistance at 20.03, and a rise through could take it to the next resistance level of 20.14.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
