Silver trading range for the day is 73100-75370 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 73100-75370
Silver eased pressured by a momentary rebound for the US dollar.
Strong jobless claims report renewed evidence of a tight labor market and added leeway for the Federal Reserve to remain hawkish
The S&P Global US Services PMI dropped to 52.4 in July 2023, down from 54.4 the previous month
The S&P Global US Manufacturing PMI increased to 49 in July of 2023 from a six-month low of 46.3 in June.
BUY SILVER Sep 2023 @ 73500 SL 72500 TGT 74600-75200. MCX
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