Silver Movement
Silver prices declined 0.39% to USD 18.98 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 18.96, with the silver trading 0.08% lower from yesterday’s close.
The pair is expected to find support at 18.865, and a fall through could take it to the next support level of 18.77. The pair is expected to find its first resistance at 19.09, and a rise through could take it to the next resistance level of 19.22.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
