Silver: White metal trading on a lower footing this morning

Silver

Silver Movement

Silver prices declined 0.43% to USD 19.86 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, Silver is trading at 19.85, marginally lower from yesterday’s close.

Silver is expected to find support at 19.68, and a fall through could take it to the next support level of 19.5. Silver is expected to find its first resistance at 20.06, and a rise through could take it to the next resistance level of 20.26.

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

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