23-01-2024 10:40 AM | Source: Kedia Advisory
Sell Silver Mar @ 71400 SL 72000 TGT 70600-70000. MCX - kediaAdvisory
SILVER:
Observations:
Silver trading range for the day is 69905-71705
Silver dropped on doubts over early rate cuts by the U.S. Federal Reserve
Markets still expect a rate cut in March despite cautious comments from Fed officials
Atlanta Fed President expects rate cuts in the third quarter, aiming for less restrictive policy
US jobless claims fell more than expected, indicating a tight labor market and reducing rate cut expectations
SELL SILVER MAR @ 71400 SL 72000 TGT 70600-70000. MCX
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