Silver Movement
Silver prices declined 3.75% to USD19.20 per ounce during the 24 hours ending 23:00GMT, amid a broadly stronger US Dollar.
In the Asian session, at GMT0400, Silver is trading at 19.24, 0.21% higher from yesterday’s close.
Silver is expected to find support at 18.94, and a fall through could take it to the next support level of 18.65. Silver is expected to find its first resistance at 19.71, and a rise through could take it to the next resistance level of 20.17.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
