Buy Silver Dec @ 154000 SL 153000 TGT 155500-156500. MCX - Kedia Advisory
SILVER
BUY SILVER DEC @ 154000 SL 153000 TGT 155500-156500. MCX
Observations
Silver trading range for the day is 151585-156135.
Silver gains as expectations for a US interest rate cut next month increased after dovish signals from Federal Reserve officials.
Fed's Goolsbee repeats he is uneasy on rate cuts
Speculators cut their net long positions in COMEX silver by 7,357 contracts to 29,893 contracts.
Fed's Collins: Monetary policy currently in right place, hesitant about cutting rates
Tag News
Silver Near $80 on Supply Tightness, Rate-Cut Bets by Amit Gupta, Kedia Advisory
