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Indonesia News Portal for Traders | Financial & Business Updates

30 May 2025 01:53  |

Silver Rises as Investors Eye U.S. Federal Court Ruling

Silver prices rose on Thursday (5/29) as investors responded to a U.S. federal court ruling blocking President Donald Trump’s retaliatory tariffs, easing uncertainty over trade.

The U.S. Court of International Trade ruled that Trump had exceeded his authority in imposing the tariffs, ordering the action to be rescinded and permanently banned.

As of this writing, silver is trading at $33,294

RECOMMENDATION

- Buy if price moves to $33,594

- Sell if price moves to $32,994

 

Resistance Level 2: $34,194

Resistance Level 1: $33,894

 

Support Level 1: $32,694

Support Level 2: $32,394

 

This article is only 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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