Silver prices declined 1.71% to USD30.12 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 30.13, flat from yesterday’s close.
Silver is expected to find support at 29.81, and a fall through could take it to the next support level of 29.50. Silver is expected to find its first resistance at 30.50, and a rise through could take it to the next resistance level of 30.87.
The white metal is trading below its 20 Hr and 50 Hr moving averages.