Sell Silver May 2023 @ 72500 SL 73200 TGT 71600-71000. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 71082-73180
Silver gains as investors pulled back bets on further monetarytightening
Money market bets are now pricing in an over 50% chance thatthe US central bank will raise rates by 25 basis points in May
Fed Kashkari said the Fed needs to focus on lowering inflationback to 2 percent
Eurozone inflation eased more than expected in March as aresult of lower energy prices
SELL SILVER May 2023 @ 72500 SL 73200 TGT 71600-71000. MCX
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