Silver: White metal trading lower in the Asian session

Silver

Silver Movement

For the 24 hours to 23:00 GMT, Silver declined 0.99% against the USD and closed at 20.46.

In the Asian session, at GMT0300, the pair is trading at 20.255, with the silver trading 1.0% lower from yesterday’s close.

The pair is expected to find support at 20.06, and a fall through could take it to the next support level of 19.87. The pair is expected to find its first resistance at 20.61, and a rise through could take it to the next resistance level of 20.97.

The white metal is trading below its 20 Hr and 50 Hr moving averages.

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