Silver Movement
Silver prices declined 0.41% to USD 16.95 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 16.905, with the silver trading 0.27% lower from yesterday’s close.
The pair is expected to find support at 16.70, and a fall through could take it to the next support level of 16.49. The pair is expected to find its first resistance at 17.21, and a rise through could take it to the next resistance level of 17.51.
The white metal is trading below its 20 Hr and 50 Hr moving averages.
