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22-09-2023 11:38 AM | Source: Kedia Advisory
Buy Silver DEC @ 72500 SL 71800 TGT 73400-74000. MCX - Kedia Advisory
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Silver
Observation
Silver trading range for the day is 70755-74305.
Silver dropped due to a stronger dollar influenced by the Fed’s hawkish stance.
The Fed signaled the likelihood of one more interest rate hike and a slower pace of monetary easing.
The U.S. housing sector continues to weaken following disappointing home sales data.
The Philadelphia Federal Reserve said its manufacturing sector survey turned sharply negative this month.
BUY SILVER DEC @ 72500 SL 71800 TGT 73400-74000. MCX
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