Buy Silver September 2023 @ 70500 SL 69800 TGT 71500-72200. MCX- Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 69604-72450
Silver gained amid bets that banks would not push global economies into recession
U.S. data pointed to a resilient U.S. economy, slowing inflation added to optimism about the outlook for interest rates.
Investors see a nearly 86% chance of a 25-basis-point hike in July, according to CME's Fedwatch tool.
Focus this week will also be on non-farm payrolls data, after U.S. manufacturing slumped in June
BUY SILVER Sep 2023 @ 70500 SL 69800 TGT 71500-72200. MCX
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