Silver Movement
On Friday, Silver prices rose 0.85% to USD 19.68 per ounce during the period ending 21:00GMT, amid strong demand for safe-haven assets.
In the Asian session, at GMT0300, Silver is trading at 19.77, 0.46% higher from Friday’s close.
Silver is expected to find support at 19.54, and a fall through could take it to the next support level of 19.30. Silver is expected to find its first resistance at 19.94, and a rise through could take it to the next resistance level of 20.11.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
