Silver prices declined 1.82% to USD 27.73 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 27.5, 0.84% lower from yesterday’s close.
Silver is expected to find support at 27.16, and a fall through could take it to the next support level of 26.82. Silver is expected to find its first resistance at 28.15, and a rise through could take it to the next resistance level of 28.81.
The white metal is trading below its 20 Hr and 50 Hr moving averages.