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