2025-03-25 11:57:40 am | Source: Kedia Advisory
Sell Silver May @ 97800 SL 98500 TGT 97000-96400. MCX - Kedia Advisory
Silver
SELL SILVER MAY @ 97800 SL 98500 TGT 97000-96400. MCX
Observations
Silver trading range for the day is 96670-98890.
Silver dropped on profit booking after seen supported amid economic and geopolitical uncertainties
Chicago Fed President Austan Goolsbee argued for the Fed standing aside until more clarity emerged.
Investors look ahead to CPI along with durable goods orders, weekly jobless claims and new and pending home sales for further direction.
Fed’s Williams said the U.S. central bank's monetary policy is in the right place and there's no urgency to make any changes to interest rates.
Disclaimer:
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Tag News
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Quote on the Gold and Silver price movements by Satish Dondapati, Fund Manager, Kotak Mahindra AMC
