Silver: White Metal Trading Steady In The Asian Trading Hours

February 10, 2014

London (Feb 10)  On Friday, Silver prices rose 0.45% to USD20.04 per ounce during the period ending 21:00GMT.

In the Asian session, at GMT0400, Silver is trading at 20.04, flat from Friday’s close.

Silver is expected to find support at 19.84, and a fall through could take it to the next support level of 19.65. Silver is expected to find its first resistance at 20.17, and a rise through could take it to the next resistance level of 20.30.

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

(Source: Oil N Gold)

 

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