18-01-2024 01:21 PM | Source: Kedia Advisory
Sell Silver Mar @ 71800 SL 72500 TGT 71000-70500 MCX -Kedia Advisory
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SILVER:
Observations:
Silver trading range for the day is 70900-72280
Silver dropped amid diminished hopes of an interest rate cut in March.
Cleveland Fed President Loretta Mester believes a rate cut in March is too early
Richmond Fed President Tom Barkin is looking for conviction in inflation reaching the Fed's 2% goal
Chicago Fed President Austan Goolsbee believes more data is necessary before rate cuts can begin.
SELL SILVER MAR @ 71800 SL 72500 TGT 71000-70500. MCX
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