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07-11-2023 11:36 AM | Source: Kedia Advisory
Sell Silver DEC @ 72500 SL 73200 TGT 71500-70800. MCX - Kedia Advisory

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SILVER

Silver trading range for the day is 71530-72680.

Silver stabilized as traders weighed the latest economic data and geopolitical risks.

Weak US jobs figures sparked optimism that the Federal Reserve might have concluded its tightening cycle

The safe-haven premium associated with Israel-Hamas was washing out, there being no significant escalation in the conflict.

Investors now look ahead to the appearances of several Fed officials this week, including that of a Federal Reserve Chair Jerome Powell

SELL SILVER DEC @ 72500 SL 73200 TGT 71500-70800. MCX

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