Silver Movement
Silver prices declined 0.34% to USD 17.40 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 17.42, with the silver trading 0.11% higher from yesterday’s close.
The pair is expected to find support at 17.26, and a fall through could take it to the next support level of 17.12. The pair is expected to find its first resistance at 17.54, and a rise through could take it to the next resistance level of 17.66.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
