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Indonesia News Portal for Traders | Financial & Business Updates

13 May 2025 12:15  |

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

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