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Indonesia News Portal for Traders | Financial & Business Updates

25 April 2025 11:41  |

Silver Down After Technical Correction Rally

Silver fell nearly 1% in a possible technical correction after surging more than 3% in the previous session to a three-week high. The white metal continues to diverge from gold, reflecting its hybrid nature as a precious metal and an industrial metal that makes it more sensitive to shifts in macroeconomic sentiment and trade developments. Recent market movements have been shaped by evolving US-China trade signals.

As of this writing, Silver is trading at $33,390

RECOMMENDATION

- Buy if price moves to $33,300

- Sell if price moves to $33,500

 

Resistance Level 2: $33,670

Resistance Level 1: $33,530

 

Support Level 1: $33,250

Support Level 2: $33,110

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

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