2024-06-14 09:50:09 am | Source: Kedia Advisory
Sell Silver Jul @ 88500 SL 89200 TGT 87600-87000. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 86265-90185.
Silver dropped as investors weighed the higher-for-longer Fed rate outlook.
U.S. central bankers believe they’ll cut interest rates just once this year
Fed’s policymakers have reason to feel more confident that inflation is cooling
Despite this, strong demand in the Chinese market, prevented a further decline in silver prices.
SELL SILVER JUL @ 88500 SL 89200 TGT 87600-87000. MCX
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