Silver prices declined 0.41% to USD 17.09 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 17.135, with the silver trading 0.26% higher from yesterday’s close.
The pair is expected to find support at 16.9267, and a fall through could take it to the next support level of 16.7183. The pair is expected to find its first resistance at 17.3467, and a rise through could take it to the next resistance level of 17.5583.
The white metal is trading above its 20 Hr and 50 Hr moving averages.