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Indonesia News Portal for Traders | Financial & Business Updates

20 June 2025 13:15  |

Silver Weakens! Profit Taking Pushes Down Prices

Silver prices fell on Friday (6/20) marking a third straight session of losses as traders took profits following a sharp rally that pushed prices to a more than 13-year high.

Investors also sold the precious metal to cover losses elsewhere, as escalating conflicts in the Middle East triggered widespread selling.

RECOMMENDATIONS

- Buy if price breaks above $35,903

- Sell if price breaks above $35,303

 

Resistance 2: $36,503

Resistance 1: $36,203

 

Support 1: $35,003

Support 2: $34,703

Note: This article is for analytical purposes only and is not a definitive reference. Please pay attention to fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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