SELL SILVER May 2023 @ 74800 SL 75500 TGT 74000-73500 - Kedia Advisory
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Silver
Silver trading range for the day is 73502-75440
Silver dropped after labor market data consolidated bets for 25bps rate increase
10-Year treasury yield rises on bets for another 25bps rate hike
The US economy added 236 thousand jobs in March, roughly in line with expectations
Traders now await consumer and producer inflation releases and FOMC minutes for further clues on the Fed's next move.
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