Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.08% against the USD and closed at 19.00.
In the Asian session, at GMT0300, the pair is trading at 19.035, with the silver trading 0.21% higher from yesterday’s close.
The pair is expected to find support at 18.89, and a fall through could take it to the next support level of 18.75. The pair is expected to find its first resistance at 19.20, and a rise through could take it to the next resistance level of 19.36.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
