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Published on 3/03/2021 9:59:10 AM | Source: Kedia Advisory

Buy Silver May 2021 @ 68800 SL 68000 TGT 69600-70200.MCX - Kedia Advisory

Posted in Commodities Reports| #Commodity Tips #Kedia Advisory

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SILVER

 * Silver trading range for the day is 65898-71026.

* Silver gained as U.S. dollar dropped as Treasury yields continued to retreat, restoring some calm to global markets and reigniting demand for riskier assets.

* US economic optimism returns to pre-pandemic levels

* Still, signals that the Fed will be keeping monetary policy extremely easy for the foreseeable future lent some optimism to the bulls.

* Traders await a series of Fed speeches this week, culminating with Powell on Thursday and the February U.S. employment report due on Friday

 

BUY SILVER MAY 2021 @ 68800 SL 68000 TGT 69600-70200.MCX

 

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