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Silver trading range for the day is 80175-87055 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 80175-87055.
Silver dropped after mixed U.S. jobs data raised doubts about the size of Fed’s interest rate cuts.
The US economy added 142K jobs in August 2024, more than a downwardly revised 89K in July.
The ADP National Employment Report published showed that US private-sector employment rose 99,000 in August
The US unemployment rate eased to 4.2% in August of 2024 from the October 2021 high of 4.3% in the prior month.
SELL SILVER DEC @ 83200 SL 83800 TGT 82400-81800. MCX
