05-12-2023 10:11 AM | Source: Kedia Advisory
Sell Silver Jul 2023 @ 74500 SL 75500 TGT 73400-72800. MCX - Kedia Advisory
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Silver

Observations

Silver trading range for the day is 71802-77620

Silver fell as concerns of lower industrial demand outweighed the Fed’s dovish outlook.

The performance of solar panel companies sank, limiting demand for the technology’s key input metal.

Data showed U.S. consumer inflation fell below 5 percent for the first time in two years.

China's consumer price inflation reached its lowest level in more than two years in April and factory gate deflation deepened

SELL SILVER Jul 2023 @ 74500 SL 75500 TGT 73400-72800. MCX

 

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