Sell Silver Dec @ 92000 SL 92600 TGT 91300-90800. MCX - Kedia Advisory
SILVER
Observations
Silver trading range for the day is 90005-92725.
Silver prices rallied after the Michigan Consumer Sentiment data shows a dip in sentiment
The dollar slipped after data showed a surge in initial jobless claims last week.
The CME FedWatch tool, shows markets currently see an 84.4% chance of a 25-basis-point rate reduction in November
Fed’s Bostic said that he would be "totally comfortable" skipping an interest-rate cut at the next Fed meeting if economic data warrants it.
SELL SILVER DEC @ 92000 SL 92600 TGT 91300-90800. MCX