02-05-2024 11:53 AM | Source: Kedia Advisory
Buy Silver Jul @ 80800 SL 80200 TGT 81500-82000. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 80495-81855.
Silver gains as investors turned cautious ahead of the US Federal Reserve’s policy decision
U.S. consumer confidence deteriorated by much more than expected in the month of April.
Silver faces the 4th year of a structural market deficit
Visible stocks equal to 15 months of global supply as of end-2023
BUY SILVER JUL @ 80800 SL 80200 TGT 81500-82000. MCX
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