01-01-1970 12:00 AM | Source: Kedia Advisory
Silver trading range for the day is 74304-77250 - Kedia Advisory
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SILVER

Observations

Silver trading range for the day is 74304-77250

Silver fell as dollar strengthened amid fears of renewed inflationary pressures

The yield on the US 10-year Treasury note rose for the first time in four days to 3.82%

The Fed will decide on monetary policy next week, with a 25bps hike in the fed funds rate fully priced in

Existing home sales in the US, fell 3.3% to a seasonally adjusted annualized rate of 4.16 million units in June of 2023

SELL SILVER Sep 2023 @ 76000 SL 76800 TGT 75200-74500. MCX

 

 

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