2025-01-29 09:56:17 am | Source: Kedia Advisory
Buy Silver Mar @ 90600 SL 90000 TGT 91400-92000. MCX - Kedia Advisory
Silver
BUY SILVER MAR @ 90600 SL 90000 TGT 91400-92000. MCX
Observation
Silver trading range for the day is 89365-92015.
Silver gains as investors are preparing for the US Federal Reserve’s policy decision this week.
New orders for manufactured durable goods in the US fell 2.2% month-over-month to $276.1 billion in December 2024.
Investors are focusing on the central bank’s inflation outlook for signals on when the next rate cut may occur.
Trump announced plans to impose tariffs on imported computer chips, pharmaceuticals, and steel, aiming to encourage domestic production.
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