Silver Movement
Silver prices rose 1.39% to USD 20.05 per ounce during the 24 hours ending 23:00GMT as concerns of escalating Ukraine conflict raised the prices of precious metals.
In the Asian session, at GMT0300, Silver is trading at 20.11, 0.27% higher from yesterday’s close.
Silver is expected to find support at 19.88, and a fall through could take it to the next support level of 19.66. Silver is expected to find its first resistance at 20.23, and a rise through could take it to the next resistance level of 20.36.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
