05-03-2024 10:59 AM | Source: Kedia Advisory
Buy Silver May @ 73800 SL 44500 TGT 73000-72500. MCX - Kedia Advisory
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Silver
Observation
Silver trading range for the day is 71280-74720.
Silver prices rose on hopes for a Fed rate cut in June.
Fed’s Williams indicated the possibility of interest rate cuts this year based on incoming data.
Fed’s Daly highlighted a shift towards a more data-dependent approach.
Data showed an unexpected increase in first-time claims for U.S. unemployment benefits
BUY SILVER MAY @ 73800 SL 44500 TGT 73000-72500. MCX
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