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Indonesia News Portal for Traders | Financial & Business Updates

18 March 2025 17:41  |

Silver Prices on Positive Path

Silver prices rose to $34 on Tuesday in European trading.

Continuing its upward momentum for the fourth straight day. This is supported by increasing concerns over the impact of further tariffs from US President Donald Trump. This has triggered efforts to ship silver to the US in an attempt to get a premium price in New York, which may cause pressure in London.

RECOMMENDATION

- Buy if the price moves to $34,380

- Sell if the price moves to $33,780

Resistance Level 2: $34,680

Resistance Level 1: $34,380

Support Level 1: $33,780

Support Level 2: $33,480

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

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