Silver prices declined 0.69% to USD 17.27 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 17.26, with the silver trading a tad lower from yesterday’s close.
The pair is expected to find support at 16.95, and a fall through could take it to the next support level of 16.64. The pair is expected to find its first resistance at 17.53, and a rise through could take it to the next resistance level of 17.80.
The white metal is trading between its 20 Hr and 50 Hr moving averages.