25-06-2024 10:45 AM | Source: Kedia Advisory
Buy Silver Jul @ 88500 SL 87800 TGT 89400-90000. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 88330-89790.
Silver settled flat as investors await US economic reports for clarity on the Fed’s timeline for interest rate cuts.
US Manufacturing PMI rose to a three-month high of 51.7 in June 2024 from 51.3 in May
US Services PMI rose to 55.1 in June of 2024 from 54.8 in the earlier month
Investors await key U.S. inflation data and comments from Fed officials for clarity on the Fed's rate path.
BUY SILVER JUL @ 88500 SL 87800 TGT 89400-90000. MCX
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