22-02-2024 09:41 AM | Source: Kedia Advisory
Buy Silver Mar @ 70400 SL 69800 TGT 71200-71600. MCX - Kedia Advisory

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SILVER

Obervation

Silver trading range for the day is 69945-71795.

Silver dropped with investors keenly awaiting Fed’s minutes.

Fed policymakers expressed concerns about the risk of premature interest rate cuts

Recent warmer U.S. inflation reports have the marketplace thinking the Fed will hold off on lower interest rates.

Bank of England Governor Andrew Bailey said he was comfortable with investors betting on interest rate cuts this year

BUY SILVER MAR @ 70400 SL 69800 TGT 71200-71600. MCX

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