Buy Silver Mar 2021 @ 70000 SL 69000 TGT 71500-73000.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 66846-72720.
Silver soared after calls appeared on Reddit to buy silver mining stocks and iShares Silver Trust ETF backed by physical silver bars
Silver jumped after some traders moved to cover short positions on rumours about a GameStop-style squeeze driven by retail investors.
The report showed personal spending dipped by 0.2% in December after falling by a downwardly revised 0.7% a month earlier.
The Fed reiterated that it would keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic.
BUY SILVER MAR 2021 @ 70000 SL 69000 TGT 71500-73000.MCX
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