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20-02-2024 10:19 AM | Source: Kedia Advisory
Buy Silver Mar @ 71700 SL 71200 TGT 72400-73000. MCX - Kedia Advisory
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SILVER
Obervation
Silver trading range for the day is 70910-71850.
Silver dropped as traders continue to adjust their bets for the Fed's rate cuts.
Fed’s Bostic said that while he needs more data to convince him inflation pressures are truly falling Fed signals 'patience' on rate cuts as data disappoints
Markets are pricing in a 74% chance of a cut in June, according to the CME Fed Watch Tool.
BUY SILVER MAR @ 71700 SL 71200 TGT 72400-73000. MCX
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