Silver Prices Rise Slightly After Donald Trump Inauguration
Silver prices (XAG/USD) rose slightly on Tuesday (21/1). Although there are tariff concerns, especially after the inauguration of President Trump, it is indicated that the premium for silver futures will increase as traders prepare for potential disruptions.
However, the results of the report that Trump delayed new tariffs as pressure and reduced the silver price premium, thus having a positive impact on silver.
As of this news release, silver is at the level of $ 30,629
RECOMMENDATIONS:
- Buy if the price moves to around $ 30,929
- Sell if the price moves to around $ 30,329
Resistance Level 2: $ 31,229
Resistance Level 1: $ 30,929
Support Level 1: $ 30,329
Support Level 2: $ 30,029
DISCLAIMER
Note: This article is only an analysis and is not a definitive reference. Pay attention to the development of fundamental and technical aspects in transactions before making investment decisions.
Source: Newsmaker.id