02-12-2021 11:57 AM | Source: Kedia Advisory
Sell Silver Mar 2021 @ 68800 SL 69600 TGT 68100-67500.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 67569-69731.

Silver prices edged lower as the dollar attempted a rebound after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.

Fed Chair Powell emphasized that he wanted to see inflation at 2 percent or more before even thinking of tapering the bank's super-easy policies.

Euro zone growth in 2021 to rebound less than expected

The U.S. dollar is benefiting from a bounce in U.S. yields and low liquidity due to Chinese New Year holiday.

SELL SILVER MAR 2021 @ 68800 SL 69600 TGT 68100-67500.MCX

 

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