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Indonesia News Portal for Traders | Financial & Business Updates

27 February 2025 00:31  |

Silver Moves Up Towards $32.00 Mark

Silver (XAG/USD) price halted its three-day losing streak, trading near $31.90 per troy ounce during the US session on Wednesday (4/26). Technical analysis on the daily chart shows a growing bearish outlook, with the metal trading below the lower boundary of its ascending channel pattern.

As of this writing, Gold is trading at $31,900

RECOMMENDATION

- Buy if price moves to $32,200

- Sell if price moves to $31,600

 

Resistance Level 2: $32,800

Resistance Level 1: $32,500

 

Support Level 1: $31,300

Support Level 2: $31,000

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

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