07-12-2023 12:58 PM | Source: Kedia Advisory
Sell Silver Mar @ 75400 SL 76000 TGT 74600-74000. MCX - Kedia Advisory
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Silver

Observations

Silver trading range for the day is 74145-76045..

Silver dropped on profit booking as traders continued to bet on the end of the tightening campaign from major central banks

Prices hit a record high early in the month amid increasing bets the Fed would begin monetary easing next year.

The US trade gap widened slightly to $64.3 billion in October 2023, the highest in three months

Investors now await the key US jobs on Friday for further clues on the Fed's plans.

SELL SILVER MAR @ 75400 SL 76000 TGT 74600-74000. MCX

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