Sell Silver May 2023 @ 68700 SL 69400 TGT 68000-67500. MCX - Kedia Advisory
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Silver
Silver trading range for the day is 67460-69730
Silver dropped on profit booking as
U.S. Treasury yields climbed U.S. Treasury yields climbed as fears of contagion in the banking sector subsided after the rescue of Credit Suisse by UBS.
Treasury Secretary Janet Yellen said that the government is ready to provide further guarantees of deposits if the banking crisis worsens.
Citi ups 0-3 month silver price forecast to $24/oz from $22/oz, 6-12 month forecast to $28/oz from $25/oz
SELL SILVER May 2023 @ 68700 SL 69400 TGT 68000-67500. MCX
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