05-07-2024 10:13 AM | Source: Kedia Advisory
Buy Silver Sep @ 91500 SL 91000 TGT 92400-93200. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 91135-92615.

Silver settled flat as the market spotlight is now on non-farm payrolls data.

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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