Silver Movement
Silver prices declined 0.86% to USD 19.05 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 19.115, with the silver trading 0.37% higher from yesterday’s close.
The pair is expected to find support at 18.96, and a fall through could take it to the next support level of 18.805. The pair is expected to find its first resistance at 19.33, and a rise through could take it to the next resistance level of 19.545.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
