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12-08-2024 09:30 AM | Source: Kedia Advisory
Buy Silver Sep @ 79800 SL 79200 TGT 80600-81200. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 79615-81425.
Silver dropped as better-than-expected US jobless claims data alleviated fears of an economic downturn.
The metal’s safe-haven appeal was bolstered by escalating geopolitical tensions.
Investor focus shifts to the U.S. CPI due for further insights into the Fed's policy path.
The latest data shows the U.S. labor market pulled back from the brink last week.
BUY SILVER SEP @ 79800 SL 79200 TGT 80600-81200. MCX
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