Silver Movement
On Friday, Silver prices declined 2.64% to the USD22.26 per ounce during the period ending 21:00GMT.
In the Asian session, at GMT0300, Silver is trading at 22.37, 0.48% higher from Friday’s close.
Silver is expected to find support at 22.07, and a fall through could take it to the next support level of 21.77. Silver is expected to find its first resistance at 22.77, and a rise through could take it to the next resistance level of 23.18.
The white metal is showing convergence with its 20 Hr moving average and is trading below its 50 Hr moving average.
