Silver prices declined 6.88% to USD 14.55 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 15.915, with the silver trading 9.42% higher from yesterday’s close.
The pair is expected to find support at 15.63, and a fall through could take it to the next support level of 15.35. The pair is expected to find its first resistance at 16.14, and a rise through could take it to the next resistance level of 16.38.
The white metal is trading above its 20 Hr and 50 Hr moving averages.