26-12-2023 01:14 PM | Source: Kedia Advisory
SELL SILVER MAR @ 75800 SL 76500 TGT 75000-74500. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 74605-76435.
Silver pared gains on profit booking after prices rose amid weakened dollar and lower yields
The latest data from the US strengthened beliefs that Fed would begin its rate cutting cycle next March.
Both headline and core PCE price indices in the US came below estimates in November
The metal remains underpinned by weak output since demand continues to outpace supply.
SELL SILVER MAR @ 75800 SL 76500 TGT 75000-74500. MCX
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