Silver Movement
Silver prices rose 1.48% to USD21.86 per ounce during the 24 hours ending 23:00GMT, buoyed by a weakness in the US Dollar.
In the Asian session, at GMT0400, Silver is trading at 21.65, 0.97% lower from yesterday’s close.
Silver is expected to find support at 21.50, and a fall through could take it to the next support level of 21.34. Silver is expected to find its first resistance at 21.87, and a rise through could take it to the next resistance level of 22.09.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
