Silver Still Holding in Positive Area
Further increases in Silver prices could indicate a growing bullish momentum. However, the alignment of Trump's policy news still shows no strong directional trend in the short-term price movement.
Silver prices may face potential upside, the influence of concerns about Trump's policy changes has raised concerns among market players which could potentially increase Silver purchases for Second Safe Haven facilities to strengthen again.
Until this news was released, the price of silver was at $ 30,133
RECOMMENDATIONS:
- Buy if the price moves to around $ 30,033
- Sell if the price moves to around $ 30,173
Resistance Level 2: $ 30,413
Resistance Level 1: $ 30,273
Support Level 1: $ 29,993
Support Level 2: $ 29,853
DISCLAIMER
Note: This article is only an analysis and not a definitive reference. Pay attention to the development of fundamental and technical aspects in the transaction before making an investment decision.
Source: Newsmaker.id