For the 24 hours to 23:00 GMT, Silver declined 2.55% against the USD and closed at USD18.37 per ounce.
In the Asian session, at GMT0300, the pair is trading at 18.24, with silver trading 0.73% lower against the USD from yesterday’s close.
The pair is expected to find support at 17.96, and a fall through could take it to the next support level of 17.68. The pair is expected to find its first resistance at 18.67, and a rise through could take it to the next resistance level of 19.12.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
