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Silver trading range for the day is 73806-76040 -Kedia Advisory
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Silver
*Silver trading range for the day is 73806-76040
*Silver dropped as Fed to opt for a higher for longer interest rate stance
*Fed officials said inflation remains "far above" the central bank's 2% target.
*Fed’s Bowman reiterated that more work needs to be done to bring down too-high inflation.
*Markets are pricing in an 84% chance of a 25-basis-point interest rate rise in May
SELL SILVER May 2023 @ 75000 SL 75600 TGT 74400-73800. MCX
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