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Indonesia News Portal for Traders | Financial & Business Updates

28 February 2025 00:11  |

Silver Continues Decline

Silver prices continue to face selling pressure. The white metal fell nearly 0.3% on Thursday (27/2) as US Treasury yields have bounced back after six consecutive days of declines.

Meanwhile, US President Donald Trump's tariff agenda continues to support Silver prices. On Wednesday, Trump reiterated threats to impose 25% tariffs on cars and other goods imported from the Eurozone.

RECOMMENDATIONS

- Buy if price moves to $31,741

- Sell if price moves to $31,141

 

Resistance Level 2: $32,341

Resistance Level 1: $32,041

 

Support Level 1: $30,841

Support Level 2: $30,541

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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