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20/07/2023 11:20:36 AM | Source: Kedia Advisory
Silver trading range for the day is 75606-77030 - Kedia Advisory
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SILVER

Observations

Silver trading range for the day is 75606-77030

Silver gains amid concerns of low supply, and stronger industrial demand.

Indications of persisting consumer resilience revealed in latest Retail Sales data from U.S.

The CME FedWatch tool currently shows a 99.8 percent probability for a rate hike of 25 basis points in the review due on July 26.

Solar panel companies are expected to make up 14% of global silver consumption, compared to 5% in 2014.

SELL SILVER Sep 2023 @ 76800 SL 77600 TGT 75800-75000. MCX

 

 

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