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08-01-2024 12:04 PM | Source: Kedia Advisory
Silver trading range for the day is 70985-74215 - Kedia Advisory

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SILVER

Observations

Silver trading range for the day is 70985-74215.

Silver gains as dollar weakens due to traders adjusting their bets for rate cuts

ISM Services PMI shows unexpected slowdown in services sector

Jobs report indicates strong labor market with more workers hired than expected in December

Labor market resilience supports consumer spending and economic growth through 2024

BUY SILVER MAR @ 72200 SL 71400 TGT 73000-73500. MCX

 

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