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18-07-2024 09:17 AM | Source: Kedia Advisory
Sell Silver Sep @ 92500 SL 93400 TGT 91500-91000. MCX - Kedia Advisory

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Silver

Observations

Silver trading range for the day is 90425-94335

Silver fell back as investors continued to assess prospects for US interest rate cuts

The official messaging from the Third Plenum has so far signaled no major changes in top consumer China’s economic strategy.

Fed’s Powell said that recent data “add somewhat to confidence” that inflation is returning to target

Housing starts in the US rose by 3% from the previous month to an annualized rate of 1,314,000 in June of 2024.

SELL SILVER SEP @ 92500 SL 93400 TGT 91500-91000. MCX

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