05-04-2021 12:35 PM | Source: Kedia Advisory
Buy Silver Jul 2021 @ 70500 SL 69800 TGT 71200-71800.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 67679-72755.

Silver rallied on some safe-haven bids stemming from rising coronavirus infections around the world and lower US Treasury yields.

Further expectations of increased industrial demand as the economic recovery gathers pace and a weaker dollar offered lasting support.

The ISM PMI survey showed the US manufacturing sector expanded at a softer pace in April, due to slower growth rates for both new orders and employment

Investors look forward to a raft of US economic data this week, including non-farm payrolls.

BUY SILVER JUL 2021 @ 70500 SL 69800 TGT 71200-71800.MCX

 

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