Buy Silver May @ 73700 SL 73000 TGT 74600-75200. MCX -Kedia Advisory
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