Silver prices declined 3.80% to USD 26.98 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 26.94, 0.13% lower from yesterday’s close.
Silver is expected to find support at 26.51, and a fall through could take it to the next support level of 26.09. Silver is expected to find its first resistance at 27.70, and a rise through could take it to the next resistance level of 28.47.
The white metal is trading below its 20 Hr and 50 Hr moving averages.