Silver prices declined 1.26% to USD 17.27 per ounce during the 24 hours ending 23:00GMT.
In the Asian session, at GMT0300, the pair is trading at 17.29, with the silver trading 0.12% higher from yesterday’s close.
The pair is expected to find support at 17.14, and a fall through could take it to the next support level of 16.98. The pair is expected to find its first resistance at 17.50, and a rise through could take it to the next resistance level of 17.70.
The white metal is trading below its 20 Hr and 50 Hr moving averages.