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19-02-2024 12:03 PM | Source: Kedia Advisory
Buy Silver Mar @ 71700 SL 71200 TGT 72400-73000. MCX - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 70385-73045.
Silver rose as investors continued to assess the chances of a first Fed rate cut in May
Fed’s Bostic mentioned progress in fighting inflation, but is cautious about rate cuts.
Fed’s Goolsbee suggested that the central bank should not delay rate cuts.
Retail sales dropped 0.8% last month, also likely weighed down by winter storms.
BUY SILVER MAR @ 71700 SL 71200 TGT 72400-73000. MCX
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