Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 1.32% against the USD and closed at USD18.01 per ounce on Friday.
In the Asian session, at GMT0300, the pair is trading at 17.96, with the silver trading 0.31% lower against the USD from Friday’s close.
The pair is expected to find support at 17.72, and a fall through could take it to the next support level of 17.48. The pair is expected to find its first resistance at 18.34, and a rise through could take it to the next resistance level of 18.73.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
