18-04-2024 11:15 AM | Source: Kedia Advisory
Sell SILVER MAY @ 83800 SL 84500 TGT 83000-82500. MCX - Kedia Advisory

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SILVER

Observation

Silver trading range for the day is 82560-84790.

Silver dropped as pressure from fading U.S. rate cut hopes overshadowed gains from safe haven demand

Dollar consolidate gains due to Fed officials' warnings of longer inflation flight.

Federal Reserve Chair Jerome Powell warns elevated inflation will delay rate cuts.

Fed’s Thomas Barkin disagrees with the idea of a soft landing for the economy.

SELL SILVER MAY @ 83800 SL 84500 TGT 83000-82500. MCX

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