05-08-2024 11:54 AM | Source: Kedia Advisory
Sell Silver Sep @ 82800 SL 83500 TGT 82100-81500. MCX - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 79705-86095.

Silver retreated as profit-taking kicked after prices amid another downbeat U.S. economic report.

Silver is also seeing safe-haven demand amid heightened Middle East tensions.

U.S. monthly jobs report for July, the key non-farm payrolls numbers up 114,000 versus expectations for rise of 185,000

U.S. job growth slowed more than expected in July, while the unemployment rate increased to 4.3%

 

SELL SILVER SEP @ 82800 SL 83500 TGT 82100-81500. MCX

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