2024-07-01 10:22:05 am | Source: Kedia Advisory
Sell Silver Sep @ 90000 SL 90500 TGT 89400-88800. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 88375-91265.
Silver gains as looming rate cuts by major central banks lifted the bullion prices.
The Fed’s preferred gauge of underlying inflation in the US economy slowed to its lowest since 2021 on an annual basis
Fed’s Daly said the latest data showing inflation did not rise at all from April to May is "good news that policy is working."
Fed’s Barkin said that while he believes the U.S. central bank's interest-rate hikes to date will be enough to bring inflation down eventually
SELL SILVER SEP @ 90000 SL 90500 TGT 89400-88800. MCX
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