Silver is trading around $33.30 per ounce during Thursday's Asian session, maintaining its upward momentum for the third consecutive session. The precious metal is benefiting from increased safe-haven demand, supported by rising trade tensions and concerns over a potential US recession.
If silver breaks above $32.75, the next resistance levels are $33.15 and $33.80. On the downside, support is at $31.00, with further levels at $30.20 and $29.75 if selling pressure increases.
If silver breaks above $32.75, the next resistance levels are $33.15 and $33.80. On the downside, support is at $31.00, with further levels at $30.20 and $29.75 if selling pressure increases.
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