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2024-12-06 10:49:38 am | Source: Kedia Advisory
Sell Silver Mar @ 92800 SL 93400 TGT 92200-91700. MCX - Kedia Advisory

 

SILVER

Observations

Silver trading range for the day is 91650-93750.

Silver dropped as investors continued to assess Fed’s monetary policy outlook ahead of a key jobs report.

US initial jobless claims rose to 224,000, from 213,000 in the previous week Fed’s Daly said there is no urgency in cutting rates.

Traders see 75% chance of a 25-bps rate cut in Dec

SELL SILVER MAR @ 92800 SL 93400 TGT 92200-91700. MCX

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