Silver Movement
On Friday, Silver prices rose 0.43% to USD 19.83 per ounce during the period ending 21:00GMT, mirroring gains in the prices of industrial metals.
In the Asian session, at GMT0300, Silver is trading at 19.81, 0.11% lower from Friday’s close.
Silver is expected to find support at 19.65, and a fall through could take it to the next support level of 19.49. Silver is expected to find its first resistance at 19.95, and a rise through could take it to the next resistance level of 20.09.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
