Silver prices declined 1.28% to USD 19.25 per ounce during the 24 hours ending 23:00GMT, tracking losses in the prices of gold.
In the Asian session, at GMT0300, Silver is trading at 19.15, 0.49% lower from yesterday’s close.
Silver is expected to find support at 18.98, and a fall through could take it to the next support level of 18.80. Silver is expected to find its first resistance at 19.41, and a rise through could take it to the next resistance level of 19.67.
The white metal is trading below its 20 Hr and 50 Hr moving averages.