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04-04-2024 11:23 AM | Source: Kedia Advisory
Buy Silver May @ 78500 SL 78000 TGT 79500-80000. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 76460-80470.

Silver gains fueled by geopolitical tensions in the Middle East and Ukraine intensified.

The health of the U.S. economy is becoming increasingly muddled as the service sector continues to lose momentum.

Fed’s Daly said she believes three interest-rate cuts this year is a "reasonable" expectation

The Silver Institute expected total global demand to reach 1.2 billion ounces in 2024, the second highest on record.

BUY SILVER MAY @ 78500 SL 78000 TGT 79500-80000. MCX

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