Sell Silver Sep @ 92200 SL 92800 TGT 91400-90800. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 90665-93225.Gold steadied helped by prospects for a cut to U.S. interest rates as early as September.
Silver dropped weighed down by demand uncertainties in, while investors await updates from the Third Plenum.
Fed's Barkin says disinflation seems to be broadening
The number of people claiming unemployment benefits in the US rose by 10,000 to 243,000
Further signs of the U.S. labour markets cooling and more dovish remarks by Fed officials could keep this upside momentum alive
SELL GOLD AUG @ 74300 SL 74500 TGT 74000-73800. MCX
