HomeContributorsFundamental AnalysisSilver: White Metal Extends Its Gains In The Morning Session

Silver: White Metal Extends Its Gains In The Morning Session

For the 24 hours to 23:00 GMT, Silver rose 2.96% against the USD and closed at USD19.16 per ounce.

In the Asian session, at GMT0300, the pair is trading at 19.18, with silver trading 0.10% higher against the USD from yesterday’s close.

The pair is expected to find support at 18.78, and a fall through could take it to the next support level of 18.38. The pair is expected to find its first resistance at 19.39, and a rise through could take it to the next resistance level of 19.61.

The white metal is trading above its 20 Hr and 50 Hr moving averages.

GCI Financial
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