Silver: White metal trading on a stronger footing in the Asian session

Silver

Silver Movement

Silver prices declined 2.14% to USD 20.08 per ounce during the 24 hours ending 23:00GMT.

In the Asian session, at GMT0300, the pair is trading at 20.34, with the silver trading 1.32% higher from yesterday’s close, reversing its previous session losses.

The pair is expected to find support at 19.84, and a fall through could take it to the next support level of 19.34. The pair is expected to find its first resistance at 20.66, and a rise through could take it to the next resistance level of 20.99.

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

This entry was posted in Silver. Bookmark the permalink.

Comments are closed.