2024-06-19 11:02:39 am | Source: Kedia Advisory
Buy Silver Jul @ 88500 SL 88000 TGT 89200-89800. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 87210-90360.
Silver recovered after weaker than expected U.S. retail sales data supported prices.
Chinese government support for solar panels led to industry groups calling for investment curbs to prevent price downturn.
Lower solar panel supply limited silver input buying by manufacturers, despite surge in silver demand.
Softer CPI reading in US supports bets of a Fed cut in September.
BUY SILVER JUL @ 88500 SL 88000 TGT 89200-89800. MCX
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