Silver Movement
Silver prices rose 2.40% to USD 20.07 per ounce during the 24 hours ending 23:00GMT, tracking gains in gold prices.
In the Asian session, at GMT0300, the pair is trading at 20.13, with the silver trading 0.32% higher from yesterday’s close.
The pair is expected to find support at 19.72, and a fall through could take it to the next support level of 19.30. The pair is expected to find its first resistance at 20.39, and a rise through could take it to the next resistance level of 20.65.
The white metal is trading above its 20 Hr and 50 Hr moving averages.
