Silver: White metal reverses its direction in the morning session

Silver

Silver Movement

Silver prices rose 0.59% to USD 21.45 per ounce during the 24 hours ending 23:00GMT, as ongoing Ukraine crisis fuelled demand for safe-haven assets.

In the Asian session, at GMT0400, Silver is trading at 21.43, 0.09% lower from yesterday’s close.

Silver is expected to find support at 21.29, and a fall through could take it to the next support level of 21.15. Silver is expected to find its first resistance at 21.65, and a rise through could take it to the next resistance level of 21.86.

The white metal is trading between its 20 Hr and 50 Hr moving averages.

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