Silver trading range for the day is 69260-70760 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 69260-70760.
Silver gains amid solid industrial demand and tight supply.
Solar panel companies are expected to make up 14% of global silver consumption.
Traders shrugged off signs of cooling in the US labour market and softer-than-expected inflation reading.
The University of Michigan consumer sentiment for the US edged lower to 71.2 in August of 2023 from 71.6 in July.
BUY SILVER SEP @ 69400 SL 68600 TGT 70500-71500. MCX
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