Buy Silver Mar @ 71200 SL 70600 TGT 72000-72500. MCX - Kedia Advisory
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SILVER:
Observations:
Silver trading range for the day is 70965-71985
Silver gains as the dollar stayed a bit subdued and Treasury yields dipped
US jobless claims fell sharply, indicating a tight labor market and reducing expectations of an interest rate cut
FOMC member Waller argued against rate cuts, citing a strong labor market and economic activity
ECB officials expressed confidence in inflation returning to target but maintained a restrictive stance for now.
BUY SILVER MAR @ 71200 SL 70600 TGT 72000-72500. MCX
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