For the 24 hours to 23:00 GMT, Silver declined 1.07% against the USD and closed at USD17.59 per ounce on Friday.
In the Asian session, at GMT0300, the pair is trading at 17.46, with silver trading 0.74% lower against the USD from Friday’s close.
The pair is expected to find support at 17.31, 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 17.74, and a rise through could take it to the next resistance level of 18.02.
The white metal is trading below its 20 Hr and 50 Hr moving averages.