Silver: White metal trading lower this morning, following yesterday’s surge

Silver

Silver Movement

Silver prices rose 1.27% to USD 20.02 per ounce during the 24 hours ending 23:00GMT, amid bargain hunting.

In the Asian session, at GMT0300, Silver is trading at 19.93, 0.45% lower from yesterday’s close.

Silver is expected to find support at 19.73, and a fall through could take it to the next support level of 19.53. Silver is expected to find its first resistance at 20.15, and a rise through could take it to the next resistance level of 20.38.

The white metal is trading between its 20 Hr and 50 Hr moving averages.

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