04-10-2023 11:01 AM | Source: Kedia Advisory
Buy Silver DEC @ 66800 SL 66000 TGT 67800-68500. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 63850-71030.

Silver dropped as strong economic data underscored the resilience of the US economy to high borrowing costs

The Federal Reserve will be forced to leave interest rates elevated for a longer period to tame inflation.

Data from the JOLTs showed job openings were at 9.6 million in August, well above estimates of 8.8 million

The IBD/TIPP Economic Optimism Index plummeted to 36.3 in October 2023, compared to September's 43.2

BUY SILVER DEC @ 66800 SL 66000 TGT 67800-68500. MCX


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