Silver Movement
For the 24 hours to 23:00 GMT, Silver declined 0.72% against the USD and closed at USD17.83 per ounce.
In the Asian session, at GMT0400, the pair is trading at 17.77, with the silver trading 0.34% lower against the USD from yesterday’s close.
The pair is expected to find support at 17.69, and a fall through could take it to the next support level of 17.61. The pair is expected to find its first resistance at 17.89, and a rise through could take it to the next resistance level of 18.01.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
