Silver Drops Again Amid US Tariff Changes
Silver prices plunged more than 1.80% on Wednesday, which saw the grey metal hit an intraday peak of $32.48, before dipping below the $32.00 mark as risk aversion and traders booked profits amid uncertainty over US trade policy
As of this writing, Silver is at $31,775
RECOMMENDATION
- Buy if price moves to $31,650
- Sell if price moves to $31,905
Resistance Level 2: $32,075
Resistance Level 1: $31,925
Support Level 1: $31,625
Support Level 2: $31,475
Note:
This article is only an analysis and not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id