Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 1.26% against the USD and closed at USD19.72 per ounce.
In the Asian session, at GMT0300, the pair is trading at 19.67, with silver trading 0.25% lower against the USD from yesterday’s close.
The pair is expected to find support at 19.34, and a fall through could take it to the next support level of 19.02. The pair is expected to find its first resistance at 19.88, and a rise through could take it to the next resistance level of 20.10.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
