Silver: White metal tracking losses in the Gold

 

Silver

Silver Movement

Silver prices rose 0.96% to the USD 22.62 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 22.55, 0.34% lower from yesterday’s close.

Silver is expected to find support at 22.41, and a fall through could take it to the next support level of 22.28. Silver is expected to find its first resistance at 22.72, and a rise through could take it to the next resistance level of 22.90.

The white metal is trading just below its 20 Hr moving average and is showing convergence with its 50 Hr moving average.

 

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