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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

21 January 2025 10:02  |

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

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