Buy Silver DEC @ 70000 SL 69300 TGT 70800-71500. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 69845-71525.
Silver steadied as investors were digesting a batch of economic data
Initial jobless claims rose by less than expected to 204 thousand last week, adding to signs of a strong labor market
Fed’s Kashkari said he is not yet ready to say rates have been lifted enough to get inflation back to the 2% target.
US Federal Reserve kept interest rates unchanged but signaled another rate hike before the end of the year
BUY SILVER DEC @ 70000 SL 69300 TGT 70800-71500. MCX
