11-03-2024 10:17 AM | Source: Kedia Advisory
Buy Silver May @ 73700 SL 73000 TGT 74600-75200. MCX -Kedia Advisory

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Silver

Observation

* Silver trading range for the day is 73480-74980.

* Silver dropped on profit booking after US economy added 275K jobs in February 2024

* Federal Reserve Chair Jerome Powell told US lawmakers that the central bank will cut interest rates this year.

*  Kashkari said that he had pencilled in two interest-rate cuts in 2024 and added that he may reduce the number of cuts

* The number of Americans filing new claims for unemployment benefits was unchanged last week.

BUY SILVER MAY @ 73700 SL 73000 TGT 74600-75200. MCX

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