Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.93% against the USD and closed at 20.17, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 20.04, with the silver trading 0.64% lower from Friday’s close.
The pair is expected to find support at 19.80, and a fall through could take it to the next support level of 19.57. The pair is expected to find its first resistance at 20.32, and a rise through could take it to the next resistance level of 20.60.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
