2024-12-19 11:22:40 am | Source: Kedia Advisory
Sell Silver Mar @ 90700 SL 91300 TGT 90000-89400. MCX - Kedia Advisory
Silver
Observations
Silver trading range for the day is 89600-91330.
Silver fell weighed down by concerns about a more measured pace of easing from the US Federal Reserve next year.
Pressure also seen amid ongoing demand uncertainty in China.
Retail sales in the US increased 0.7% mom in November 2024, following an upwardly revised 0.5% rise in October
The Fed announced another 25bps cut to the federal funds rate as expected
SELL SILVER MAR @ 90700 SL 91300 TGT 90000-89400. MCX
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