Silver prices declined 3.03% to the USD21.93 per ounce during the 24 hours ending 23:00GMT, amid a broad decline in precious metals.
In the Asian session, at GMT0400, Silver is trading at 21.90, 0.16% lower from yesterday’s close.
Silver is expected to find support at 21.61, and a fall through could take it to the next support level of 21.33. Silver is expected to find its first resistance at 22.33, and a rise through could take it to the next resistance level of 22.75.
The white metal is trading below its 20 Hr and 50 Hr moving averages.