23-11-2023 09:13 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 72005-74005.

Silver dropped as dollar index rose to around 103.8 following a substantial drop in weekly unemployment claims

All FOMC participants agreed that the Fed was in a position to proceed carefully

The Fed kept the target range for the federal funds rate at its 22-year high of 5.25%-5.5% for a second consecutive time in November.

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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