Silver Rises During Asian Session
Silver trended higher during the Asian session on Thursday (2/13).
This was supported by the US dollar and lower Treasury yields, with traders assessing the US push to try to end the war in Ukraine, as well as President Donald Trump's disruptive moves on trade.
Silver prices have soared this year. The surge has been driven by demand for safe-haven assets, with traders trying to gauge the impact of the new administration's stance on trade and geopolitics.
RECOMMENDATIONS
- Buy if price moves to $32,610
- Sell if price moves to $32,010
Resistance Level 2: $32,910
Resistance Level 1: $32,610
Support Level 1: $32,010
Support Level 2: $31,710
Note: This article is analysis only and is not a definitive reference. Keeping in mind the fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id