2024-11-11 10:50:45 am | Source: Kedia Advisory
Sell Silver DEC @ 91600 SL 92400 TGT 90700-90200. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 90115-93055.
Silver dropped as markets digested Trump's victory and its potential impact on the U.S. interest rate trajectory.
Fed policymakers noted that the risks of meeting their dual mandate are “roughly balanced” but acknowledged uncertainty in the economic outlook.
Jerome Powell avoided giving specific guidance on future rate moves, leaving room for flexibility at the December meeting and beyond.
Powell mentioned that the Fed could speed up if the labor market weakens or slows down as it nears neutral.
SELL SILVER DEC @ 91600 SL 92400 TGT 90700-90200. MCX
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.
To Read Complete Disclaimer Click Here
Latest News
India`s eSankhyiki?data platform cruises to 134 mn r...
HUL`s profit up 19 pc in Q3, acquires 90.5 pc stake ...
Daily Market Commentary : Nifty IT gained traction o...
Daily Market Analysis : The Markets Rebound After Vo...
Post-Market Comment by Mandar Bhojane, Research Anal...
Quote on Market Wrap by Shrikant Chouhan, Head of Eq...
WEF: 5 new Indian industrial clusters commit to econ...
Sensex jumps 566 points, Nifty holds at 23,000 as US...
Centre hikes MSP of raw jute by Rs 315 for 2025-26 s...
WEF 2025: Urban mobility a major focus for Telangana...
