Silver Movement
Silver prices marginally rose to USD 19.77 per ounce during the 24 hours ending 23:00GMT, amid broad gains in the prices of industrial metals.
In the Asian session, at GMT0300, Silver is trading at 19.80, 0.12% higher from yesterday’s close.
Silver is expected to find support at 19.68, and a fall through could take it to the next support level of 19.57. Silver is expected to find its first resistance at 19.91, and a rise through could take it to the next resistance level of 20.03.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
