Silver Down Ahead of PPI Data
Silver (XAG/USD) prices fell on Thursday (3/13). As Investors are now waiting for the US Producer Price Index (PPI) data due later today to gain further insight into the Fed’s monetary policy.
RECOMMENDATION
- Buy if price moves to $33,469
- Sell if price moves to $32,869
Resistance Level 2: $34,069
Resistance Level 1: $33,769
Support Level 1: $32,569
Support Level 2: $32,269
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