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Indonesia News Portal for Traders | Financial & Business Updates

24 January 2025 11:36  |

Silver Prices In Positive Area

Silver prices rose slightly on Friday (1/24) after US President Donald Trump's trade plan added to the dollar and increased demand for silver.

The dollar (DXY), down more than 1% this week, headed for its worst weekly decline in two months, sending spot silver up 1.1% to $30.78 per ounce.

As of this news release, silver prices were at $30,784

RECOMMENDATIONS:

- Buy if the price moves to around $31,084

- Sell if the price moves to around $30,484

 

Resistance Level 2: $31,384

Resistance Level 1: $31,084

 

Support Level 1: $30,484

Support Level 2: $30,184

DISCLAIMER

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

Source: Newsmaker.id

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