Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.39% against the USD and closed at 20.22, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 20.48, with the silver trading 1.26% higher from yesterday’s close.
The pair is expected to find support at 20.09, and a fall through could take it to the next support level of 19.70. The pair is expected to find its first resistance at 20.73, and a rise through could take it to the next resistance level of 20.98.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
