Silver: White metal reverses its direction in the Asian session

Hong Kong (Oct 25) n the Asian session, at GMT0300, Silver is trading at 22.64, 0.36% lower from yesterday’s close. Silver is expected to find support at 22.54, and a fall through could take it to the next support level of 22.43.

Silver is expected to find its first resistance at 22.81, and a rise through could take it to the next resistance level of 22.99.

The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.