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