Silver back on the positive track
Silver prices rallied again, recovering losses from the previous session as investors sought refuge in safe haven assets amid persistent economic and trade uncertainty. The recovery followed the Federal Reserve's decision on Wednesday to keep interest rates steady, as expected.
As of this writing, Silver is at $32,452
RECOMMENDATION
- Buy if price moves to $32,350
- Sell if price moves to $32,510
Resistance Level 2: $32,732
Resistance Level 1: $32,592
Support Level 1: $32,312
Support Level 2: $32,172
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