For the 24 hours to 23:00 GMT, Silver declined 0.30% against the USD and closed at USD16.70 per ounce on Friday.
In the Asian session, at GMT0300, the pair is trading at 16.73, with silver trading 0.18% higher against the USD from Friday’s close.
The pair is expected to find support at 16.65, and a fall through could take it to the next support level of 16.56. The pair is expected to find its first resistance at 16.84, and a rise through could take it to the next resistance level of 16.95.
The white metal is trading between its 20 Hr and 50 Hr moving averages.
