10-10-2023 10:26 AM | Source: Kedia Advisory
Buy Silver DEC @ 68500 SL 68000 TGT 69300-70000. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 68265-69615.
Silver rose as the Israel-Hamas conflict extended into a third day, raising geopolitical risks in the Middle East.
Investors were also wary of a wider conflict amid allegations of Iranian involvement in the attacks.
Support also seen amid hopes for an economic recovery in China, tight supply
The hot US jobs data strengthened beliefs that the Fed might be in for another hike before the end of the year.
BUY SILVER DEC @ 68500 SL 68000 TGT 69300-70000. MCX
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