2025-06-26 09:30:48 am | Source: Kedia Advisory
Sell Silver Jul @ 106500 SL 107500 TGT 105500-104500. MCX - Kedia Advisory
SELL SILVER JUL @ 106500 SL 107500 TGT 105500-104500. MCX
Observations
Silver trading range for the day is 104255-106975.
Silver gains supported by a weaker US dollar and falling Treasury yields.
Silver also remained supported by strong industrial demand and ongoing supply constraints.
The US current account deficit widened by $138.2 billion, or 44.3%, to $450.2 billion in Q1 2025.
Federal Reserve Chair Jerome Powell signaled flexibility on monetary policy, stating that “many paths are possible”.
Disclaimer:
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