Silver Movement
Silver prices declined 0.32% to the USD21.26 per ounce during the 24 hours ending 23:00GMT, as investors refrained from taking riskier bets in the white metal amid lingering uncertainty over the outcome of the US budget talks.
In the Asian session, at GMT0300, Silver is trading at 21.20, 0.30% lower from yesterday’s close.
Silver is expected to find support at 20.98, and a fall through could take it to the next support level of 20.77. Silver is expected to find its first resistance at 21.54, and a rise through could take it to the next resistance level of 21.89.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
