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04-03-2024 09:52 AM | Source: Kedia Advisory
Sell Silver May @ 72600 SL 73200 TGT 71800-71400. MCX - Kedia Advisory

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Silver

Observation

Silver trading range for the day is 70525-73225.

Silver rose as dollar dropped amid expectations of a rate cut in June

Fed’s Williams indicated the possibility of interest rate cuts this year based on incoming data.

Fed’s Daly highlighted a shift towards a more data-dependent approach.

Data showed an unexpected increase in first-time claims for U.S. unemployment benefits.

SELL SILVER MAY @ 72600 SL 73200 TGT 71800-71400. MCX

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