Silver prices declined 2.56% to the USD19.72 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, Silver is trading at 19.72, marginally lower from yesterday’s close.
Silver is expected to find support at 19.47, and a fall through could take it to the next support level of 19.22. Silver is expected to find its first resistance at 19.97, and a rise through could take it to the next resistance level of 20.22.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.