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Indonesia News Portal for Traders | Financial & Business Updates

6 February 2025 11:18  |

Silver Rises Steadily In Asian Session

Silver prices moved steadily for the Asian session on Thursday (6/2). Safe haven metals such as Silver strengthened due to increased risk aversion after the closing of global trade and economy.

Traders are concerned that the US could impose tariffs on precious metal imports into the US after President Donald Trump announced the latest tariffs on Canada, Mexico, and China. Trump then postponed the tariffs imposed on Canada and Mexico.

 

RECOMMENDATION

- Buy if the price moves to $ 32,543

- Sell if the price moves to $ 31,943

 

Resistance Level 2: $ 33,843

Resistance Level 1: $ 32,543

 

Support Level 1: $ 31,943

Support Level 2: $ 31,643

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

Source: Newsmaker.id

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