2025-02-28 11:01:49 am | Source: Kedia Advisory
Sell Silver May @ 96000 SL 96600 TGT 95200-94400. MCX - Kedia Advisory
Silver
SELL SILVER MAY @ 96000 SL 96600 TGT 95200-94400. MCX
Silver trading range for the day is 94255-97135.
Silver dropped as dollar rose, the highest in one week, supported by signs of a resilient US economy.
Durable goods orders increased 3.1% in January, the largest gain in six months.
Markets expect the Fed to deliver at least two rate cuts this year, with about 55 basis points of easing priced in for 2025.
Trade concerns grew after US President Trump confirmed that 25% tariffs on Canada and Mexico will take effect next week.
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