02-02-2024 11:46 AM | Source: Kedia Advisory
Buy Silver Mar @ 71800 SL 71200 TGT 72600-73000. MCX
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Silver:
Observations:
Silver trading range for the day is 70450-73320.
Silver steadied as investors reduced their expectations of early interest rate cuts this year
The global silver deficit is expected to ease by 9% to 176 million troy ounces in 2024
U.S. consumer confidence increased to a two-year high in January
U.S. job openings unexpectedly rose in December and data for the prior month was revised higher
BUY SILVER MAR @ 71800 SL 71200 TGT 72600-73000. MCX
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