Buy Silver MAR @ 73800 SL 73000 TGT 74600-75200. MCX

2024-01-02 11:34:21 am | Source: Kedia Advisory

Buy Silver MAR @ 73800 SL 73000 TGT 74600-75200. MCX - Kedia Advisory

News By Tags | #CommodityTips #KediaAdvisory

SILVER

Observations

Silver trading range for the day is 74135-74565.

Silver traded in range on anticipation of Fed rate cuts.

Economic data showed an increase in weekly claims to 218K, surpassing the estimated 210K.

The Fed is expected to start reducing interest rates as inflation in US economy is in a downtrend.

As per the CME Fedwatch tool, market participants see more than 88% chance of the Fed cutting interest rates in March.

BUY SILVER MAR @ 73800 SL 73000 TGT 74600-75200. MCX

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Buy Silver MAR @ 73800 SL 73000 TGT 74600-75200. MCX - Kedia Advisory

Top News

Tag News

More News