For the 24 hours to 23:00 GMT, Silver declined 0.59% against the USD and closed at USD17.83 per ounce.
In the Asian session, at GMT0400, the pair is trading at 17.55, with silver trading 1.57% lower against the USD from yesterday’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 17.08. The pair is expected to find its first resistance at 17.97, and a rise through could take it to the next resistance level of 18.40.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
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