Silver prices declined 1.12% to USD 18.51 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 18.54, with the silver trading 0.16% higher from yesterday’s close.
The pair is expected to find support at 18.4067, and a fall through could take it to the next support level of 18.2733. The pair is expected to find its first resistance at 18.7367, and a rise through could take it to the next resistance level of 18.9333.
The white metal is trading below its 20 Hr and 50 Hr moving averages.