Buy Silver DEC @ 70800 SL 70200 TGT 71500-72200. MCX

2023-11-02 11:02:03 am | Source: Kedia Advisory

Buy Silver DEC @ 70800 SL 70200 TGT 71500-72200. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 70300-72460.

Silver prices dropped as the dollar extended its uptick ahead of the Fed’s monetary policy announcement.

The European Central Bank's tightening cycle appeared to have come to a halt in response to data revealing a significant deceleration in Euro Area inflation.

Additionally, ongoing concerns related to the conflict in the Middle East continued to provide some support.

U.S. manufacturing contracted sharply in October after showing signs of improvement in prior months

BUY SILVER DEC @ 70800 SL 70200 TGT 71500-72200. MCX

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Buy Silver DEC @ 70800 SL 70200 TGT 71500-72200. MCX - Kedia Advisory

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