07-05-2024 12:12 PM | Source: Kedia Advisory
Buy Silver Jul @ 82500 SL 82000 TGT 83200-83800. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 81125-83915.
Silver gains as escalating geopolitical tensions in the Middle East boosted demand
Fed’s Williams said that the U.S. central bank's 2 percent inflation target is key to achieving price stability.
Weak U.S. job growth spurred expectations for Fed rate cuts later in the year
The data boosted bets of a September rate cut to 71% on Monday, as per CME's FedWatch Tool.
BUY SILVER JUL @ 82500 SL 82000 TGT 83200-83800. MCX
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