Silver Down As Trade Tensions Ease
Silver prices fell on Monday (4/14) as trade tensions eased after U.S. President Donald Trump exempted smartphones and computers from “reciprocal” U.S. tariffs.
The White House announced exemptions from the high reciprocal tariffs on Friday. However, Trump reiterated on Sunday his administration’s latest message that exemptions for smartphones and computers from its reciprocal tariffs on China would be short-lived.
RECOMMENDATIONS
- Buy if price moves to $32,226
- Sell if price moves to $31,626
Resistance Level 2: $33,826
Resistance Level 1: $32,526
Support Level 1: $31,326
Support Level 2: $31,026
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