For the 24 hours to 23:00 GMT, Silver rose 0.14% against the USD and closed at USD17.57 per ounce on Friday.
In the Asian session, at GMT0300, the pair is trading at 17.62, with silver trading 0.26% higher against the USD from Friday’s close.
The pair is expected to find support at 17.40, and a fall through could take it to the next support level of 17.16. The pair is expected to find its first resistance at 17.81, and a rise through could take it to the next resistance level of 18.01.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
