Buy Silver Mar @ 88900 SL 88400 TGT 89500-90000. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 88510-89980.
Silver edged higher as markets reconsidered the level of hawkishness expected from the Fed next year.
Softer than expected core PCE prices in November eased concerns of overly restrictive rates
Markets are now split between one and two rate cuts for next year.
New home sales jumped 5.9% to a seasonally adjusted annual rate of 664,000 units in November.
BUY SILVER MAR @ 88900 SL 88400 TGT 89500-90000. MCX