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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

13 December 2024 10:44  |

Silver Prices Recover

Silver began to experience an increase on Friday during the Asian trading session.

After the release of US data that affected silver prices yesterday, it tended to decline. Furthermore, market players mostly still expect a 25bps increase by the Fed next week and expect further interest rate cuts next year, although uncertainty remains about the extent of the reduction.

RECOMMENDATION

- Buy if the price moves to at least $31,402

- Sell if the price moves to at least around $30,662

 

Resistance Level 2: $31,702

Resistance Level 1: $31,402

 

Support Level 1: $30,662

Support Level 2: $30,362

DISCLAIMER

Note: This article is only an analysis and not a definitive reference. Pay attention to the development of fundamental and technical aspects in transactions before making investment decisions.

 

Source: Newsmaker.id

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