2025-08-12 11:19:54 am | Source: Kedia Advisory
Sell Silver Sep @ 114000 SL 115000 TGT 113000-112000. MCX - Kedia Advisory
Silver
SELL SILVER SEP @ 114000 SL 115000 TGT 113000-112000. MCX
Observations
Silver trading range for the day is 111825-115275.
Silver slipped as investors took profits ahead of key US inflation data that could shape the Fed’s policy path.
The dollar index edged up, recovering from last Friday’s lows as traders prepared for key inflation data.
Investors also awaited an announcement on whether the August 12 deadline for the US-China tariff truce will be extended. Markets are increasingly betting on a Fed rate cut in September amid signs of a weakening labor market.
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