SELL SILVER MAR @ 72200 SL 72800 TGT 71500-71000. MCX - Kedia Advisory
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SILVER
Observation
Silver trading range for the day is 70975-73345.
Silver prices spike up but settled flat after the release of US
CPI data US Inflation has met the market expectations except for the monthly CPI, which remained flat in November, against the 0.1% increment foreseen by the market.
All eyes are now on The Fed’s interest rate projections and Chairman Powell’s press conference.
Geopolitical tensions continue growing amid news of attacks to the US troops in the Middle East by Iran-backed groups.
SELL SILVER MAR @ 72200 SL 72800 TGT 71500-71000. MCX
