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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

4 February 2025 08:17  |

Silver Up Slightly in Early Asian Session

Silver edged up in early Asian trade to $31.5 an ounce on Tuesday, near its highest since early December as trade war fears eased along with optimism over stronger demand for manufacturing inputs.

US President Trump imposed immediate tariffs of 10% on China and 25% on Canada and Mexico, before delaying action on Mexico and easing concerns about how far the administration would go with protectionism.

RECOMMENDATIONS

- Buy if price moves to $31,790

- Sell if price moves to $31,190

 

Resistance Level 2: $31,790

Resistance Level 1: $31,490

 

Support Level 1: $30,890

Support Level 2: $30,590

Note: This article is analysis only and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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