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11-10-2023 10:46 AM | Source: Kedia Advisory
Buy Silver DEC @ 68500 SL 68000 TGT 69300-70000. MCX - Kedia Advisory
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Silver
Observation
Silver trading range for the day is 68345-69425.
Silver steadied amid bets that the US Federal Reserve will not raise interest rates in November.
Fed’s Jefferson said the central bank would need to “proceed carefully” given the recent rise in yields
Fed’s Logan said there may be less need to tighten further if long-term rates remain elevated.
Markets are now seeing an 86% chance that the Fed will hold rates steady next month
BUY SILVER DEC @ 68500 SL 68000 TGT 69300-70000. MCX
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