04-06-2021 10:26 AM | Source: Kedia Advisory
Buy Silver May 2021 @ 64750 SL 64000 TGT 65700-66500.MCX - Kedia Advisory
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SILVER

* Silver trading range for the day is 63798-65912.

* Silver prices edged lower as last week's strong U.S. employment report, which showed a surge in new jobs in March and slight drop in unemployment.

* New orders for US manufactured goods dropped by 0.8 percent from a month earlier in February 2021, the first decrease since April's record contraction.

* The ISM Services PMI jumped to 63.7 in March of 2021 from 55.3 in February, well above forecasts of 59.

* Money managers in the silver markets cut their net long futures and options positions in the latest week.

BUY SILVER MAY 2021 @ 64750 SL 64000 TGT 65700-66500.MCX

 

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