For the 24 hours to 23:00 GMT, Silver declined 0.57% against the USD and closed at USD18.34 per ounce, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 18.31, with silver trading 0.16% lower against the USD from yesterday’s close.
The pair is expected to find support at 18.05, and a fall through could take it to the next support level of 17.80. The pair is expected to find its first resistance at 18.66, and a rise through could take it to the next resistance level of 19.02.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
