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Indonesia News Portal for Traders | Financial & Business Updates

12 December 2024 13:45  |

Silver Reclaims $32 Level

Silver prices traded with a positive bias above the $32.00 level during the Asian session on Thursday and remained close to the one-month highs hit earlier this week.

Moreover, the technical setup suggests that the path of least resistance for the white metal remains to the upside.

RECOMMENDATION

- Buy if price moves to at least $32,255

- Sell if price moves to at least $31,975

 

Resistance Level 2: $32,445

Resistance Level 1: $32,255

 

Support Level 1: $31,975

Support Level 2: $31,785

DISCLAIMER

Note: This article is only an analysis and not a definitive reference. Observe the development of fundamental and technical aspects in trading before making investment decisions.

Source: Newsmaker.id

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