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2024-05-17 11:33:29 am | Source: Kedia Advisory
Sell Silver Jul @ 87600 SL 88200 TGT 86800-86200. MCX - Kedia Advisory

SILVER

Observation

Silver trading range for the day is 86590-87850.

Silver gains as traders assessed mixed economic data from the US.

The number of people claiming unemployment benefits in the US fell by 10,000 to 222,000.

Fed’s Goolsbee said he was optimistic inflation would continue to come down.

Fed’s Kashkari reiterated his view that the U.S. central bank likely needs to keep rates at the current level for "a while longer."

SELL SILVER JUL @ 87600 SL 88200 TGT 86800-86200. MCX

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