Silver Holds Steady After US Tariffs
Silver (XAG/USD) prices held steady on Friday (3/7) and are currently trading above the mid-$32.00s, hitting their highest levels in over a week reached the previous day. Furthermore, the near-term bias appears to be tilted towards bullish traders and supports the prospect of an extension of the weekly uptrend.
RECOMMENDATION
- Buy if price moves to $32,832
- Sell if price moves to $32,232
Resistance Level 2: $33,432
Resistance Level 1: $33,132
Support Level 1: $31,932
Support Level 2: $31,632
Note:
This article is only an analysis and not a definitive reference. Pay attention to fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id