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