Silver Movement
Silver prices rose 7.60% to the USD22.82 per ounce during the 24 hours ending 23:00GMT, in tandem with the rise in gold prices.
In the Asian session, at GMT0300, Silver is trading at 22.50, 1.40% lower from yesterday’s close.
Silver is expected to find support at 21.37, and a fall through could take it to the next support level of 20.24. Silver is expected to find its first resistance at 23.46, and a rise through could take it to the next resistance level of 24.42.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
