Silver prices declined 0.05% to USD30.83 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 30.82, slightly lower from yesterday’s close.
Silver is expected to find support at 30.62, and a fall through could take it to the next support level of 30.41. Silver is expected to find its first resistance at 31.09, and a rise through could take it to the next resistance level of 31.35.
The white metal is trading below its 20 Hr and 50 Hr moving averages.