Silver Movement
On Friday, Silver prices declined 0.31% to USD21.20 per ounce during the period ending 21:00GMT.
In the Asian session, at GMT0400, Silver is trading at 21.47, 1.29% higher from Friday’s close, as Russia’s seizure of Ukraine’s Crimea boosted demand for safe-haven assets.
Silver is expected to find support at 21.20, and a fall through could take it to the next support level of 20.92. Silver is expected to find its first resistance at 21.64, and a rise through could take it to the next resistance level of 21.80.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
