Silver: White Metal Extends Its Weakness In The Morning Session

Singapore (Mar 24)  On Friday, Silver prices declined 0.27% to USD 20.30 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0400, Silver is trading at 20.23, 0.34% lower from Friday’s close.

Silver is expected to find support at 20.03, and a fall through could take it to the next support level of 19.83. Silver is expected to find its first resistance at 20.51, and a rise through could take it to the next resistance level of 20.78.

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

Source:  OilNGold