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Indonesia News Portal for Traders | Financial & Business Updates

29 April 2025 18:51  |

Silver Recovers as Investors Await Key US Data

Silver prices held around $33 an ounce on Tuesday, steadying after a recent decline as investors awaited clarity on US-China trade relations and key US economic releases.

China reiterated that it is not engaged in trade talks with the US, refuting claims made by President Donald Trump.

Meanwhile, US Treasury Secretary Scott Bessent said several major trading partners have made “very good” tariff proposals, and a trade deal with India could be announced soon.

RECOMMENDATIONS

- Buy if price moves to $33,509

- Sell if price moves to $32,909

 

Resistance Level 2: $34,109

Resistance Level 1: $33,809

 

Support Level 1: $32,609

Support Level 2: $32,309

Note:

This article is only an analysis and is 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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