Silver: White metal trading higher this morning

Silver

Silver Movement

Silver prices rose 1.44% to USD 21.47 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 21.5, 0.14% higher from yesterday’s close.

Silver is expected to find support at 21.22, and a fall through could take it to the next support level of 20.95. Silver is expected to find its first resistance at 21.70, and a rise through could take it to the next resistance level of 21.90.

The white metal is showing convergence with its 20 Hr moving average and is trading above its 50 Hr moving average.

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