03-10-2023 11:14 AM | Source: Kedia Advisory
Buy Silver Mar 2023 @ 61500 SL 61000 TGT 62300-62800. MCX - Kedia Advisory
Silver
Observation
Silver trading range for the day is 61068-62850
Silver prices edged up ahead of the U.S. jobs data that could influence the Federal Reserve's monetary policy path.
US weekly jobless claims rise more than expected
Fed Chair Jerome Powell reaffirmed his message of higher and potentially faster interest rate hikes
Financial markets have priced in a 50-basis-point rate hike at the Fed's March 21-22 policy meeting, according to CME Group's FedWatch tool.
BUY SILVER Mar 2023 @ 61500 SL 61000 TGT 62300-62800. MCX
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