Silver Movement
Silver prices declined 2.87% to USD19.13 per ounce during the 24 hours ending 23:00GMT on Friday, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 18.97, with the silver trading 0.84% lower from Friday’s close.
The pair is expected to find support at 18.63, and a fall through could take it to the next support level of 18.30. The pair is expected to find its first resistance at 19.51, and a rise through could take it to the next resistance level of 20.05.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
