07-02-2024 12:56 PM | Source: Kedia Advisory
Sell Silver Mar@ 71000 SL 71600 TGT 70200-69600. MCX - Kedia Advisory

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Silver:

Observations:

Silver trading range for the day is 70115-70965

Silver recovers as dollar and bond yields slipped from recent highs

Traders scaled back their bets for aggressive rate cuts following hawkish Fed comments.

Fed’s Kashkari said that officials have time to study data before cutting rates

Fed’s Goolsbee reiterated he'd like to see more of the favourable inflation data

SELL SILVER MAR @ 71000 SL 71600 TGT 70200-69600. MCX

 

 

 

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