Silver Rises on Geopolitical Concerns
Silver prices rose above $31.20 per ounce on Thursday, recovering from losses in the previous session as heightened geopolitical tensions boosted demand for safe-haven assets like precious metals. On Wednesday, Ukraine launched a series of UK-made missiles into Russia, following a previous strike with US-made missiles.
As of this writing,Silver prices were at $ 30,831
- Buy if the price moves at least at $ 30,631
- Sell if the price moves at least around $ 31,031
Resistance Level 2: $ 31,231
Resistance Level 1: $ 31,031
Support Level 1: $ 30,631
Support Level 2: $ 30,431
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