Silver Movement
On Friday, Silver prices rose 1.34% to the USD20.56 per ounce during the period ending 21:00GMT, on increased demand for industrial metals.
In the Asian session, at GMT0300, Silver is trading at 21.13, 2.78% higher from Friday’s close.
Silver is expected to find support at 20.39, and a fall through could take it to the next support level of 19.65. Silver is expected to find its first resistance at 21.58, and a rise through could take it to the next resistance level of 22.02.
The white metal is trading higher its 20 Hr and 50 Hr moving averages.
