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08-12-2023 09:49 AM | Source: Kedia Advisory
SELL SILVER MAR @ 74800 SL 75400 TGT 74000-73500. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 73465-75385.

Silver dropped on profit booking as investors await a key monthly jobs report.

Non-farm payrolls are expected to rise by 170K in November, the jobless rate to remain at a 22-month high of 3.9%

Initial jobless claims rose less than expected, the US employees announced more job cuts in November

US wholesale inventories fell by 0.4% month-over-month in October 2023

SELL SILVER MAR @ 74800 SL 75400 TGT 74000-73500. MCX

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