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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

26 November 2024 11:24  |

Silver Prices Remain Stable in Negative Area

Silver prices were stable in the $30 area during the Asian trading session on Tuesday (11/26).

The decline occurred after US President-elect Donald Trump nominated hedge fund manager Scott Bessent as Treasury Secretary, which reduced market uncertainty. Silver is currently trading at $30,360.

In addition, reports that Israel and Hezbollah are close to reaching a ceasefire agreement are also other factors that have reduced demand for safe haven assets.

RECOMMENDATIONS

- Buy if the price moves at least $30,500

- Sell if the price moves at least $30,220

 

Resistance Level 2: $30,690

Resistance Level 1: $30,500

 

Support Level 1: $30,220

Support Level 2: $30,030

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

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