Silver Corrects Again
Silver prices have fallen again as investors take profits ahead of the Federal Reserve's policy decision. The Fed is widely expected to cut interest rates by 25 bps today.
At the time of this analysis, the price of silver was at $41,734
- Buy if the price moves to $42,650
- Sell if the price moves to $41,800
Resistance 2: $41,974
Resistance 1: $41,834
Support 1: $41,634
Support 2: $41,494
Disclaimer:
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.
Source: Newsmaker.id