Silver prices fell 1.68% to the USD30.90 per ounce during the 24 hours ending 23:00GMT, amid a strong dollar.
In the Asian session, at GMT0400, Silver is trading at 30.83, 0.23% lower from yesterday’s close.
Silver is expected to find support at 30.53, and a fall through could take it to the next support level of 30.24. Silver is expected to find its first resistance at 31.33, and a rise through could take it to the next resistance level of 31.83.
The white metal is trading below its 20 Hr and 50 Hr moving averages.