20-10-2023 10:32 AM | Source: Kedia Advisory
Buy Silver DEC @ 71000 SL 70200 TGT 72000-72800. MCX - Kedia Advisory
SILVER
Observations
Silver trading range for the day is 70545-72735.
Silver dropped on profit booking as investors looked for guidance on inflation.
The dollar traded firm and U.S.Treasury yields jumped to 16-year highs
However, downside seen limited amid escalating Middle East tensions.
Fed’s Williams said interest rates need to be restrictive "for some time" to bring inflation back to the 2 percent target.
BUY SILVER DEC @ 71000 SL 70200 TGT 72000-72800. MCX
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