Silver Movement
On Friday, Silver prices declined 0.81% to USD 20.93 per ounce during the period ending 21:00GMT, amid improved risk-appetite among traders and soft demand for safe-haven assets.
In the Asian session, at GMT0300, Silver is trading at 20.89, 0.22% lower from Friday’s close.
Silver is expected to find support at 20.77, and a fall through could take it to the next support level of 20.65. Silver is expected to find its first resistance at 21.10, and a rise through could take it to the next resistance level of 21.32.
The white metal is trading below its 20 Hr and 50 Hr moving average.
