Silver prices declined 1.51% to USD 21.21 per ounce during the 24 hours ending 23:00GMT, tracking losses in the prices of gold.
In the Asian session, at GMT0400, Silver is trading at 21.09, 0.56% lower from yesterday’s close.
Silver is expected to find support at 20.88, and a fall through could take it to the next support level of 20.67. Silver is expected to find its first resistance at 21.39, and a rise through could take it to the next resistance level of 21.69.
The white metal is trading below its 20 Hr and 50 Hr moving averages.