2025-03-12 10:42:55 am | Source: Kedia Advisory
Sell SIilver May @ 98500 SL 99300 TGT 97500-96500. MCX - Kedia Advisory
Silver
SELL SILVER MAY @ 98500 SL 99300 TGT 97500-96500. MCX
Observations
Silver trading range for the day is 95700-99830.
Silver gains amid trade tensions and investors awaited U.S. inflation data for insights into Fed’s next policy steps.
Job openings in the United States increased by 232,000 to 7.74 million in January 2025.
The Fed has held interest rates so far this year after cutting three times in 2024. Market pricing reflects expectations of a further cut in June.
Traders are looking to U.S. CPI data on Wednesday and the PPI on Thursday for U.S. interest rate cues.
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.
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