Silver trading range for the day is 68580-71610 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 68580-71610.
Silver seen supported amid solid industrial demand and tight supply.
The FOMC’s latest meeting prolonged the expected period that the Federal Reserve could start cutting interest rates
Fed members believe that upside risks to inflation persist, raising the possibility that interest rates could still be increased.
China's industrial production, retail sales and fixed asset investment all rose below projections, while the urban unemployment rate ticked higher
BUY SILVER SEP @ 69500 SL 68800 TGT 70400-71200. MCX
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