Buy Silver May @ 83400 SL 82800 TGT 84200-84800. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 82335-84785.
Silver gained due to traders monitoring Middle East conflict developments
Despite strong labor market and high inflation, Fed’s Collins is considering interest rate cuts.
Fed’s Daly emphasized the need for more work to ensure inflation returns to 2%.
March Retail Sales data boosted bond yields and the US Dollar.
BUY SILVER MAY @ 83400 SL 82800 TGT 84200-84800. MCX
Tag News
Quote on Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities
