Silver Movement
For the 24 hours to 23:00 GMT, Silver rose 0.89% against the USD and closed at 19.94, extending its previous session gains.
In the Asian session, at GMT0300, the pair is trading at 20.065, with the silver trading 0.63% higher from yesterday’s close.
The pair is expected to find support at 19.75, and a fall through could take it to the next support level of 19.44. The pair is expected to find its first resistance at 20.23, and a rise through could take it to the next resistance level of 20.40.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
