2025-02-12 09:14:41 am | Source: Kedia advisory
SELL SILVER MAR @ 95000 SL 95500 TGT 94400-94000. MCX - Kedia Advisory
SILVER
SELL SILVER MAR @ 95000 SL 95500 TGT 94400-94000. MCX
Observations
Silver trading range for the day is 91930-96540.
Silver dropped on profit booking as dollar index maintained its recent rally.
A Labor Department report showed the U.S. economy added 143,000 jobs in January, compared with a rise of 170,000 expected
Investors continued to anticipate two Fed rate cuts in 2024 despite strong labor data, aligning with FOMC projections.
Investors were also preparing for the release of the latest US inflation figures and comments from Federal Reserve Chair Jerome Powell.
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