12-02-2024 10:30 AM | Source: Kedia Advisory
Buy Silver Mar @ 70400 SL 69800 TGT 71200-71700. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 70040-71550
Silver dropped as optimism around Fed rate reductions faded
U.S. monthly consumer prices rose less than initially estimated in December
Fed’s Barkin said the central bank has time to decide what’s next for monetary policy
Fed’s Collins said she believes the U.S. central bank will likely cut interest rates by three-quarters of a percentage point this year
BUY SILVER MAR @ 70400 SL 69800 TGT 71200-71700. MCX
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