Silver,.Is This a Reversal Sign or Just a Pause
The metal is under moderate pressure as broader market sentiment favors risk. US equities are holding onto recent gains near record highs. Rising risk appetite continues to weigh on demand for traditional safe-haven assets, capping Silver’s upside.
as of this writing, silver is trading at $36,145
RECOMMENDATION.
- Buy if price breaks above $36,045
- Sell if price breaks above $36,205
Resistance 2: $36,385
Resistance 1: $36,245
Support 1: $36,045
Support 2: $35,905
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