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Indonesia News Portal for Traders | Financial & Business Updates

25 March 2025 10:45  |

Silver Recovers on Rising Safe-Haven Demand

Silver (XAG/USD) prices snapped a four-day losing streak during Asian market hours on Tuesday (3/25). The recovery was driven by rising safe-haven demand amid rising geopolitical tensions.

The United Nations (UN) announced on Monday that it would reduce its international staff in Gaza by about a third after Israeli airstrikes killed hundreds of civilians, including UN personnel. After a two-month ceasefire brought relative calm to the 18-month war, Israel resumed a full-scale air and ground campaign against Hamas on Tuesday.

RECOMMENDATION

- Buy if price moves to $33,392

- Sell if price moves to $32,792

 

Resistance Level 2: $33,992

Resistance Level 1: $33,692

 

Support Level 1: $32,492

Support Level 2: $32,192

 

Note:

This article is only an analysis and not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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