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Indonesia News Portal for Traders | Financial & Business Updates

8 September 2025 07:24  |

$41 So Close... Will It Break Through?

Silver (XAG/USD) $40,898: The rally has subsided and prices are consolidating; the bias remains sideways to bullish, supported by expectations of a Fed rate cut and industrial demand.

Key levels: resistance $41.50–$42.00 (break → $43–$44); support $40.50 then $39.80 (break → deeper correction).

Silver prices at the time of writing were up -0.30% to $40.875/Toz.

- Buy if the price moves to $41,015

- Sell if the price moves to $40,735

Resistance 2: $41,475

Resistance 1: $41,175

 

Support 1: $40,435

Support 2: $40,135

DISCLAIMER

Note: This article is for analytical purposes only and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions. (ayu)

Source: Newsmaker.id

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