2025-06-11 10:10:51 am | Source: Kedia Advisory
Sell Silver Jul @ 107000 SL 108000 TGT 106000-105000. MCX - Kedia Advisory
Silver
SELL SILVER JUL @ 107000 SL 108000 TGT 106000-105000. MCX
Observations
Silver trading range for the day is 105475-108005.
Silver prices retreated as easing trade tensions between the US and China dampened safe-haven demand.
Strong industrial demand, especially from solar energy, supported silver prices.
Market attention will turn to U.S. CPI data, due on Wednesday, for further clues on the Fed's monetary policy path.
Silver Institute projects another supply deficit in 2025, boosting bullish sentiment.
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