Silver: White Metal Extends Its Fall In The Asian Trading Session

Singapore (Apr 1)  Silver prices declined 0.34% to USD 19.76 per ounce during the 24 hours ending 23:00GMT, tracking losses in the prices of gold.

In the Asian session, at GMT0300, Silver is trading at 19.72, 0.22% lower from yesterday’s close.

Silver is expected to find support at 19.57, and a fall through could take it to the next support level of 19.43. Silver is expected to find its first resistance at 19.94, and a rise through could take it to the next resistance level of 20.16.

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