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10-11-2023 10:17 AM | Source: Kedia Advisory
Buy Silver DEC @ 70600 SL 70000 TGT 71400-72000. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 69520-72580.

Silver settled higher as the dollar struggled a bit after some Federal Reserve officials comments

Fed’s Jefferson said that high uncertainty could warrant an aggressive, rather than a gradual, policy response.

ECB’s Guindos that any talk of lowering borrowing costs in the coming months is clearly premature

In the Middle East, investors remain hopeful that tensions will remain contained between Israel and Palestine.

BUY SILVER DEC @ 70600 SL 70000 TGT 71400-72000. MCX

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