Silver Movement
On Friday, Silver prices rose 0.84% to USD 19.21 per ounce during the period ending 21:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 19.26, with the silver trading 0.29% higher from Friday’s close.
The pair is expected to find support at 19.1167, and a fall through could take it to the next support level of 18.9733. The pair is expected to find its first resistance at 19.3417, and a rise through could take it to the next resistance level of 19.4233.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
