Sell Silver May @ 74800 SL 75500 TGT 74000-73500. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 74135-75105.
Silver gains as the Fed will cut interest rates in June remain firm
The Fed appears confident that inflation is easing toward the 2% target.
Atlanta Federal Reserve Bank President Raphael Bostic said he expects just a 25-bps Fed cut in 2024.
Traders are pricing in a 70% probability that the Fed will begin cutting rates in June.
SELL SILVER MAY @ 74800 SL 75500 TGT 74000-73500. MCX
