Silver Movement
Silver prices rose 2.63% to USD 19.48 per ounce during the 24 hours ending Friday 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 19.44, with the silver trading 0.21% lower from Friday’s close.
The pair is expected to find support at 19.00, and a fall through could take it to the next support level of 18.56. The pair is expected to find its first resistance at 19.71, and a rise through could take it to the next resistance level of 19.98.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
