Silver Continues Gains in Asia
Silver (XAG/USD) prices continued their gains for the fourth straight session during Asian trading hours on Tuesday (5/13). Technical analysis of the daily chart shows a bullish outlook, as the precious metal continues to sell off within an ascending channel pattern.
As of this writing, silver is trading at $33,040
RECOMMENDATION
- Buy if price moves to $33,340
- Sell if price moves to $32,700
Resistance Level 2: $33,940
Resistance Level 1: $33,640
Support Level 1: $32,440
Support Level 2: $32,140
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