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Indonesia News Portal for Traders | Financial & Business Updates

5 February 2025 12:04  |

Silver Rebounds to $32

Silver prices traded around $32.29 an ounce on Wednesday (5/2), hitting a new record in early 2025.

Silver is currently still holding near its highest level as the escalating trade war between the US and China has boosted demand for safe haven assets.

 

RECOMMENDATION

- Buy if the price moves to $32,996

- Sell if the price moves to $31,996

 

Resistance Level 2: $32,896

Resistance Level 1: $32,596

 

Support Level 1: $31,996

Support Level 2: $31,696

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: ads@ Newsmaker.id

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