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