Silver Movement
Silver prices rose 2.19% to USD 21.24 per ounce during the 24 hours ending 23:00GMT, following news of geopolitical instability in Ukraine and Israel.
In the Asian session, at GMT0300, Silver is trading at 21.16, 0.38% lower from yesterday’s close.
Silver is expected to find support at 20.84, and a fall through could take it to the next support level of 20.53. Silver is expected to find its first resistance at 21.39, and a rise through could take it to the next resistance level of 21.63.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
