Silver Movement
On Friday, Silver prices declined 3.62% to USD 17.86 per ounce during the period ending 21:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, the pair is trading at 17.495, with the silver trading 2.02% lower from Friday’s close.
The pair is expected to find support at 17.015, and a fall through could take it to the next support level of 16.535. The pair is expected to find its first resistance at 18.285, and a rise through could take it to the next resistance level of 19.075.
The white metal is trading below with its 20 Hr and 50 Hr moving averages.
