Silver prices declined 5.81% to USD 28.95 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, Silver is trading at 29.03, 0.29% higher from yesterday’s close.
Silver is expected to find support at 28.04, and a fall through could take it to the next support level of 27.05. Silver is expected to find its first resistance at 30.52, and a rise through could take it to the next resistance level of 32.01.
The white metal is trading below its 20 Hr and 50 Hr moving averages.