Silver trading range for the day is 71352 -75620 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 71352-75620
Silver dropped as dollar index extended gains to 102.4.
Fitch downgraded the US sovereign credit grade to AA+ from AAA, citing the expected fiscal deterioration over the next three years
The ADP report showed private businesses in the US added 324K jobs in July, way above forecasts of 189K.
The probability that the Fed would leave rates unchanged at the September meeting was at 83%.
BUY SILVER Sep 2023 @ 72500 SL 71700 TGT 73500-74000. MCX
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