2024-05-14 11:43:36 am | Source: Kedia Advisory
Buy Silver Jul @ 84500 SL 83800 TGT 85400-86000. MCX - Kedia Advisory
SILVER
Observation
Silver trading range for the day is 83970-85690.
Silver dropped as investors cautiously anticipated the key US CPI and PPI releases this week.
A softer-than-expected US non-farm payrolls data and jobs report pointed to cooling labor market.
Fed officials remained reluctant to start easing early, voicing their concerns over price pressures.
Meanwhile, Middle East tensions continued to drive silver's safe haven appeal.
BUY SILVER JUL @ 84500 SL 83800 TGT 85400-86000. MCX
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