Silver Movement
On Friday, Silver prices declined 1.86% to the USD22.24 per ounce during the period ending 21:00GMT, tracking the downward trend in precious metals.
In the Asian session, at GMT0300, Silver is trading at 21.53, 3.17% lower from Friday’s close.
Silver is expected to find support at 20.57, and a fall through could take it to the next support level of 19.60. Silver is expected to find its first resistance at 22.62, and a rise through could take it to the next resistance level of 23.72.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
