Silver Rises Above $32 In US Session
Silver rose above $32.10 an ounce on Friday (11/4). The metal also benefited from rising inflows into safe-haven assets, with the dollar losing some of its appeal as a traditional safe-haven asset.
Despite the 90-day tariff suspension, investors remain uneasy about President Trump's trade policies and their potential to plunge the US economy into recession.
RECOMMENDATION
- Buy if price moves to $32,405
- Sell if price moves to $31,805
Resistance Level 2: $33,005
Resistance Level 1: $32,705
Support Level 1: $31,505
Support Level 2: $31,205
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