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