13-03-2024 11:27 AM | Source: Kedia Advisory
Sell Silver May @ 74200 SL 74800 TGT 73400-72800. MCX -Kedia Advisory

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Silver

Observation

* Silver trading range for the day is 72795-75425.

* Silver dropped following a key U.S. inflation report

* The CPI for February come in just a bit warmer than expected, at up 3.2%.

* A cooling trend in U.K. labor market, prompting traders to reassess their expectations for rate cuts.

* US economy added 275K jobs in February 2024, beating forecasts of 200K

SELL SILVER MAY @ 74200 SL 74800 TGT 73400-72800. MCX

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