Silver Movement
Silver prices declined 6.04% to USD39.65 per ounce during the 24 hours ending 23:00GMT, on profit booking.
In the Asian session at 3:00GMT, silver is trading at USD39.94 per ounce, 0.73% higher, from 23:00GMT.
The first level of short term resistance on the upside is at 41.89, followed by 43.84. The pair is expected to find support at 38.51, with the subsequent support level at 37.08.
The white metal is trading below its 20 Hr and its 50 Hr moving average.
