SELL SILVER MAR @ 270000 SL 288000 TGT 262000-252000. MCX - Kedia Advisory
Gold
SELL GOLD APR @ 159500 SL 161000 TGT 158000-157000. MCX
Observations
Gold trading range for the day is 156085-161585.
Gold gained after 10-year U.S. Treasury yields fell to a near one-month low.
The US economy likely added 130K payrolls in January 2026, much higher than a downwardly revised 48K rise in December.
Dallas Fed’s Logan says further rate cuts need clear labor market weakness Investors expect at least two 25-basis-point rate cuts in 2026, according to CME Group's FedWatch tool.
Silver
SELL SILVER MAR @ 270000 SL 288000 TGT 262000-252000. MCX
Observations
Silver trading range for the day is 252010-274880.
Silver rose as disappointing US economic data and deteriorating confidence in US assets boosted safe-haven demand.
Global silver demand is expected to remain largely unchanged in 2026. Total global silver supply is forecast to increase by 1.5 percent in 2026, reaching a decade high of 1.05 billion ounces.
Silver market is expected to remain in deficit in 2026 for the sixth consecutive year, at a noteworthy 67 Moz.
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Aluminium trading range for the day is 251.8-254.4 - Kedia Advisory
