Silver Movement
Silver prices declined 1.63% to the USD 19.87 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0400, Silver is trading at 19.72, 0.79% lower from yesterday’s close.
Silver is expected to find support at 19.48, and a fall through could take it to the next support level of 19.25. Silver is expected to find its first resistance at 20.11, and a rise through could take it to the next resistance level of 20.51.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
