Silver prices declined 0.23% to USD 17.08 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0400, the pair is trading at 17.17, with the silver trading 0.53% higher from yesterday’s close.
The pair is expected to find support at 16.96, and a fall through could take it to the next support level of 16.75. The pair is expected to find its first resistance at 17.36, and a rise through could take it to the next resistance level of 17.56.
The white metal is trading above its 20 Hr and 50 Hr moving averages.