Silver Price Stable, Still Holding Above $34
Silver held steady slightly above $34, experiencing a small decline after touching its highest level at $34.20 today or near its multi-month high at 34.60.
In the long term, the price of silver is predicted to still increase following the movement of other precious metals such as gold. This is due to the new tariffs that will be imposed by Donald Trump on April 2 and 3.
RECOMMENDATION
- Buy if the price moves to $34,129
- Sell if the price moves to $33,929
Resistance Level 2: $34,374
Resistance Level 1: $34,169
Support Level 1: $33,889
Support Level 2: $33,684
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