2026-06-25 09:37:28 am | Source: Kedia Advisory
Sell Silver Jul @ 216000 SL 219000 TGT 212000-210000. MCX - Kedia Advisory
Silver
SELL SILVER JUL @ 216000 SL 219000 TGT 212000-210000. MCX
Observations
Silver trading range for the day is 202665-232315.
Silver falls below $58 to its lowest level since December 2025 as a stronger US Dollar and hawkish Fed expectations weigh.
Traders are pricing in a 70% chance of a September rate hike ahead of Thursday's US PCE inflation report and final GDP Q1 data.
Recent US economic data suggest business activity remains in expansion territory and the labor market is holding up well.
US current account deficit widened to a seasonally adjusted $226.8 billion in the first quarter of 2026
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