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05-02-2024 09:45 AM | Source: Kedia Advisory
Sell Silver Mar @ 71600 SL 72300 TGT 70800-70200 MCX - Kedia Advisory
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Silver:
Observations:
Silver trading range for the day is 69800-73120.
Silver dropped as US economy added more jobs than expected in January.
The US Fed opted to keep rates stable and shifted from a 'tightening' bias to a neutral stance.
The jobless rate held steady for a second consecutive month at 3.7%, and wage growth unexpectedly accelerated.
Fed Chair Jerome Powell pushed back against market expectations of rate cuts in March.
SELL SILVER MAR @ 71600 SL 72300 TGT 70800-70200. MCX
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