2025-07-08 10:12:25 am | Source: Kedia Advisory
SELL SILVER SEP @ 108500 SL 109500 TGT 107500-106500. MCX - Kedia Advisory
SILVER
SELL SILVER SEP @ 108500 SL 109500 TGT 107500-106500. MCX
Observations
Silver trading range for the day is 106335-109385.
Silver prices fell as Trump extended deadline for reimposing sweeping reciprocal US import tariffs
Treasury Secretary confirmed tariffs revert to April 2 levels for countries lacking trade agreements.
Markets now see only two quarter-point Fed cuts in 2025 amid tariff-driven inflation concerns.
Strong US jobs data dampened expectations for a Federal Reserve rate cut this July.
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