Silver prices rose 0.17% to USD 20.90 per ounce during the 24 hours ending 23:00GMT, benefiting from strong demand for safe-haven assets.
In the Asian session, at GMT0300, Silver is trading at 20.73, 0.81% lower from yesterday’s close.
Silver is expected to find support at 20.57, and a fall through could take it to the next support level of 20.41. Silver is expected to find its first resistance at 21.03, and a rise through could take it to the next resistance level of 21.33.
The white metal is trading just below its 20 Hr and 50 Hr moving averages.