Buy Silver Jul 2023 @ 70500 SL 69600 TGT 71500-72000. MCX

25/05/2023 11:19:04 AM | Source: Kedia Advisory

Buy Silver Jul 2023 @ 70500 SL 69600 TGT 71500-72000. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 70078-72640

Silver dropped as expectations grew that the Federal Reserve will keep interest rates higher

Improved risk sentiment amid optimism about a U.S. debt ceiling deal also weighed on prices.

Silver Institute predicts another substantial deficit in the market for 2023, following a record shortfall in 2022.

Supply is expected to increase only slightly while demand is setto remain high

BUY SILVER Jul 2023 @ 70500 SL 69600 TGT 71500-72000. MCX

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Buy Silver Jul 2023 @ 70500 SL 69600 TGT 71500-72000. MCX - Kedia Advisory

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