2025-05-08 12:26:50 pm | Source: Kedia Advisory
Sell Silver Jul @ 96200 SL 96900 TGT 95300-94700. MCX - Kedia Advisory
Silver
SELL SILVER JUL @ 96200 SL 96900 TGT 95300-94700. MCX
Observations
Silver trading range for the day is 94710-97390.
Silver dropped as optimism over potential U.S.-China trade talks weakened demand for safe-haven assets
U.S. President Trump said he and top administration officials will review potential trade deals over the next two weeks to decide which ones to accept.
Traders are expecting 80 basis points of rate cuts this year from Fed, starting in July.
U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet top Chinese economic official He Lifeng for talks.
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