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Silver trading range for the day is 74122-76170 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 74122-76170
Silver gains amidst weak dollar triggered by hawkish commentsfrom Fed officials
US housing starts went down 0.8% month-over-month to aseasonally adjusted annualized rate of 1.42 million in March of2023
US building permits tumbled 8.8 percent to a seasonally adjustedannual rate of 1.413 million in March 2023
CME Group's Fedwatch tool indicates the Fed will raise thefederal fund rate by 25 basis points in May
BUY SILVER May 2023 @ 75000 SL 74600 TGT 75600-75900. MCX
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