2024-07-04 10:00:05 am | Source: Kedia Advisory
Buy Silver Sep @ 91500 SL 91000 TGT 92400-93200. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 88930-93950.
Silver gains as the dollar dropped as data showed a weakening labor
The ADP report indicated fewer private-sector jobs added in June than forecasted
Fed’s Williams said that the level of interest rates that’s neutral in its impact on the economy likely hasn’t risen much.
Fed’s Powell mentioned progress in managing inflation but stressed the importance of further assurance before implementing rate cuts.
BUY SILVER SEP @ 91500 SL 91000 TGT 92400-93200. MCX
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