Silver Movement
Silver prices rose 0.16% to USD 19.36 per ounce during the 24 hours ending 23:00GMT, tracking gains in prices of gold and amid a weaker US Dollar.
In the Asian session, at GMT0300, Silver is trading at 19.36, a tad lower from yesterday’s close.
Silver is expected to find support at 19.21, and a fall through could take it to the next support level of 19.07. Silver is expected to find its first resistance at 19.59, and a rise through could take it to the next resistance level of 19.83.
The white metal is trading just below its 20 Hr and 50 Hr moving averages.
