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03-07-2024 09:03 AM | Source: Kedia Advisory
Buy Silver Sep @ 89400 SL 88800 TGT 90200-90800. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 88590-91520.
Silver gains after Fed’s Powell reinforced bets the Fed will in fat cut interest rates this year.
Fed Chair Powell said inflation now shows signs of resuming its disinflationary trend.
The number of job openings rose by 221,000 from the previous month to 8.140 million in May 2024.
Annual inflation rate in the Euro Area eased to 2.5% in June 2024 after briefly accelerating to 2.6% in May.
BUY SILVER SEP @ 89400 SL 88800 TGT 90200-90800. MCX
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