Sell Silver DEC @ 91600 SL 92400 TGT 90700-90200. MCX

11-11-2024 10:50 AM | Source: Kedia Advisory

Sell Silver DEC @ 91600 SL 92400 TGT 90700-90200. MCX - Kedia Advisory

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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

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Sell Silver DEC @ 91600 SL 92400 TGT 90700-90200. MCX - Kedia Advisory

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