Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 2.4% against the USD and closed at 19.74, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 19.76, with the silver trading 0.08% higher from yesterday’s close.
The pair is expected to find support at 19.43, and a fall through could take it to the next support level of 19.11. The pair is expected to find its first resistance at 20.17, and a rise through could take it to the next resistance level of 20.58.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
