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24-11-2023 09:46 AM | Source: Kedia Advisory
Sell Silver DEC @ 73400 SL 74200 TGT 72500-72000. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 72500-73370.

Silver gains as emergence of fresh dollar selling and lower Treasury yields

Fed will not hike interest rates further and might cut rates at the April 30-May 1, 2024 meeting to support growth.

Lower silver output in Peru, Mexico to drag down global production

The number of Americans filing for unemployment benefits fell by 24,000 to 209,000

SELL SILVER DEC @ 73400 SL 74200 TGT 72500-72000. MCX

 

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