08-04-2024 12:19 PM | Source: Kedia Advisory
Sell Silver May @ 81000 SL 81600 TGT 80200-79600. MCX

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Silver

Observations

Silver trading range for the day is 77775-82575.

Silver prices surged due to Middle East tensions and hopes for monetary easing.

US economy added 303,000 jobs in March, surpassing market forecasts.

Strong wage growth narrowed the corridor for the Fed to lower interest rates.

The Silver Institute expects 2024 to be an excellent year for silver, with prices potentially hitting 10-year highs.

SELL SILVER MAY @ 81000 SL 81600 TGT 80200-79600. MCX

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