Buy Silver DEC @ 72800 SL 72300 TGT 73500-74000. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 71285-74795.
Silver gains as global equity markets steadied after recent strong gains on dovish Fed bets.
Silver also remained supported by Moody’s downgrade of the US credit rating outlook from stable to negative.
Data showed amid a surge in Americans filing new unemployment benefit claims suggested a continued easing in the labor market.
U.S. retail sales ticked down in October, but upward revision to September data suggested that consumer resilience is still intact.
BUY SILVER DEC @ 72800 SL 72300 TGT 73500-74000. MCX
