Silver trading range for the day is 69206-71810 - Kedia Advisory
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Silver
Observations
*Silver trading range for the day is 69206-71810
*Silver dropped as dollar stood tall ahead of key inflation readings.
*Fed’s Bowman said at a Fed Listens event that more interest rate rises 'will likely be needed'
*Wholesale inventories in the United States were down 0.5% from a month earlier in June 2023
*The US trade deficit narrowed to a three-month low of $65.5 billion in June 2023 from a downwardly revised $68.3 billion in May
BUY SILVER Sep 2023 @ 69800 SL 69000 TGT 70800-71400. MCX
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