Silver prices declined 0.62% to USD 19.62 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 19.57, 0.25% lower from yesterday’s close.
Silver is expected to find support at 19.46, and a fall through could take it to the next support level of 19.36. Silver is expected to find its first resistance at 19.72, and a rise through could take it to the next resistance level of 19.87.
The white metal is trading just below its 20 Hr and 50 Hr moving averages.