Silver trading range for the day is 143525-176955 - Kedia Advisory

Silver
Prices trading with high volatility. Important resistance at 1,60,800 while Support at 1,53,400
Observations
Silver trading range for the day is 143525-176955.
Silver dropped after Trump acknowledged that his proposed 100% tariff on Chinese goods is not sustainable.
Earlier prices reached all time high of 1,70,000 amid concerns over rising US debt and government spending, and expectations of more Federal Reserve rate cuts.
Federal Funds Rate Rises to 4.11% as Funding Market Strains Persist
A liquidity crunch in London’s silver market triggered a global scramble for physical supply, while strong Indian demand further tightened the market










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