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Indonesia News Portal for Traders | Financial & Business Updates

9 May 2025 05:28  |

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

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