2025-06-05 11:32:04 am | Source: Kedia Advisory
Sell Silver Jul @ 101600 SL 102400 TGT 100500-99800. MCX - Kedia Advisory
SILVER
SELL SILVER JUL @ 101600 SL 102400 TGT 100500-99800. MCX
Observations
Silver trading range for the day is 100310-102200.
Silver crossed Rs.1 lakh amid U.S.-China trade tensions and global growth fears.
Weaker dollar and OECD’s economic slowdown warning fueled safe-haven demand for silver.
The CME FedWatch Tool continues to show a 55.6% probability of the US central bank announcing a rate cut in September
Fed officials maintained a cautious tone, citing trade risks and economic uncertainties.
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