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31-10-2023 09:58 AM | Source: Kedia Advisory
Sell Silver DEC @ 73200 SL 74000 TGT 72200-71500. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 71110-74210.

Silver rose lifted by increased demand for safe-haven assets, as Israel launched its anticipated ground war in Gaza

The dollar slowdown ahead of the Fed’s policy meeting, which could provide more clues on the future path for US interest rates.

The US economy recently proved resilient and strong despite the successive interest rate hikes in the past two years.

Data showed that China is quickly regaining its footing due to government spending and extensive financial support

SELL SILVER DEC @ 73200 SL 74000 TGT 72200-71500. MCX

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