Silver Movement
On Friday, Silver prices declined 1.53% to USD 20.91 per ounce during the period ending 21:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, Silver is trading at 20.96, 0.24% higher from Friday’s close.
Silver is expected to find support at 20.76, and a fall through could take it to the next support level of 20.57. Silver is expected to find its first resistance at 21.17, and a rise through could take it to the next resistance level of 21.39.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
