Silver: White metal trading higher in the Asian session

Silver

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.

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