Sell Silver Sep @ 89500 SL 90000 TGT 88900-88500. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 87905-90395.
Silver dropped as investors locked in profits following the metal's recent surge
Pressure also seen stronger-than-expected data on the U.S. labour market and manufacturing.
Manufacturing activity in the US Mid-Atlantic region expanded more than expected in July amid a surge in new orders.
Fed’s Waller said that US central bank is ‘getting closer’ to an interest rate cut as inflation's improved trajectory and a labor market in better balance.
SELL SILVER SEP @ 89500 SL 90000 TGT 88900-88500. MCX