Silver Down Slightly in European Session
Silver prices fell after continuing its upward momentum for the fourth straight day, during European trading hours on Monday. However, the downside potential of the white metal seems limited due to economic uncertainty over the impact of the global trade war and a weakening Greenback.
RECOMMENDATION
- Buy if the price moves to $34,022
- Sell if the price moves to $33,422
Resistance Level 2: $34,322
Resistance Level 1: $34,022
Support Level 1: $33,422
Support Level 2: $33,122
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