For the 24 hours to 23:00 GMT, Silver declined 0.06% against the USD and closed at USD16.81 per ounce.
In the Asian session, at GMT0400, the pair is trading at 16.85, with silver trading 0.21% higher against the USD from yesterday’s close.
The pair is expected to find support at 16.68, and a fall through could take it to the next support level of 16.52. The pair is expected to find its first resistance at 16.96, and a rise through could take it to the next resistance level of 17.08.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
