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