Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.30% against the USD and closed at 19.77.
In the Asian session, at GMT0300, the pair is trading at 19.875, with the silver trading 0.56% higher from yesterday’s close, reversing previous session losses.
The pair is expected to find support at 19.52, and a fall through could take it to the next support level of 19.17. The pair is expected to find its first resistance at 20.09, and a rise through could take it to the next resistance level of 20.30.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
