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Sell Silver Dec @ 95900 SL 96500 TGT 95000-94400. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 94530-96180.
Silver gains after as US jobs growth slowed substantially brining again the possibility of speed up in interest rate cuts.
The US economy added only 12K jobs in October, compared to market expectations of 113K
The US GDP expanded by an annualized 2.8% in the third quarter, slightly below market expectations of a 3% rise.
US inflation data exceeded expectations and jobless claims dropped, pointing to continued labor market strength.
SELL SILVER DEC @ 95900 SL 96500 TGT 95000-94400. MCX
