Silver Movement
Silver prices marginally declined to the USD 21.19 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, Silver is trading at 21.17, 0.12% lower from yesterday’s close.
Silver is expected to find support at 20.92, and a fall through could take it to the next support level of 20.67. Silver is expected to find its first resistance at 21.32, and a rise through could take it to the next resistance level of 21.47.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
