Silver Prices Move Down
Silver prices rose above $31.20 an ounce on Thursday (11/21), recovering from losses in the previous session as rising geopolitical tensions boosted demand for safe-haven assets such as the precious metal. On Wednesday, Ukraine launched a series of British-made missiles at Russia, following an earlier attack with U.S.-made missiles.
- Buy if the price moves at least at $31,281
- Sell if the price moves at least around $31,001
Resistance Level 2: $31,561
Resistance Level 1: $31,421
Support Level 1: $30,861
Support Level 2: $30,721
DISCLAIMER
Note: This article is only an analysis and not a definitive reference. Always pay attention to developments in fundamental and technical aspects in transactions before making investment decisions.
Source: newsmaker.id