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27-02-2024 10:22 AM | Source: Kedia Advisory
Sell Silver Mar @ 69700 SL 70300 TGT 69100-68700. MCX - Kedia Advisory
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Silver
Observation
Silver trading range for the day is 68825-70555.
Silver prices dipped as traders adjust their positions for the Fed's rate cuts.
The FOMC minutes showed the Fed is in no rush to cutting interest rates.
Fed’s Waller said that the central bank should delay rate cuts by at least another couple more months
Data showed higher-than-expected U.S. consumer and producer prices also dashed hopes for an early interest rate cut.
SELL SILVER MAR @ 69700 SL 70300 TGT 69100-68700. MCX
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