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Sell Silver May @ 83800 SL 84500 TGT 83000-82400. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 80335-87365.
Silver pared gains on profit booking amid expectations that the Fed will maintain rates higher for longer.
The failure of ceasefire talks between Israel and Hamas, coupled with Iran's vow to retaliate for an airstrike, intensified worries.
Signs of economic recovery in China, and hopes for further stimulus measures boosted demand for the metal.
Fed's Collins eyes about two rate cuts this year SILVER JUL-MAY 1541.00
SELL SILVER MAY @ 83800 SL 84500 TGT 83000-82400. MCX
