2024-10-10 11:12:31 am | Source: Kedia Advisory
Sell Silver Dec @ 89200 SL 89800 TGT 88500-88000. MCX - Kedia Advisory
SILVER
Observations
Silver trading range for the day is 87585-90255.
Silver recovered losses on short covering as investors prepared for the September consumer price index report
Prices also came under pressure after NDRC IN China provided few details on further stimulus measures.
Fed’s 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed’s Jefferson said.
Fed’s Williams said that it will be appropriate again for the central bank to reduce rates 'over time.'
SELL SILVER DEC @ 89200 SL 89800 TGT 88500-88000. MCX
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