Sell Silver Jul @ 87400 SL 88000 TGT 86600-86000. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 85155-90045.
Silver dropped as caution dominated sentiment ahead of US PCE inflation data this week.
US Manufacturing PMI rose to a three-month high of 51.7 in June 2024 from 51.3 in May
US Services PMI rose to 55.1 in June of 2024 from 54.8 in the earlier month
Investors await key U.S. inflation data and comments from Fed officials for clarity on the Fed's rate path.
SELL SILVER JUL @ 87400 SL 88000 TGT 86600-86000. MCX
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