Sell Silver MAR 2022 @ 62800 SL 63500 TGT 62000-61650.MCX - Kedia Advisory
SILVER
* Silver trading range for the day is 61266-63930.
* Silver dropped as Fed’s Powell admitted that it is appropriate to consider normalizing ultraaccommodative monetary policy at the upcoming meeting
* However there were concerns over the Omicron variant with expectations of higher US interest rates.
* Moderna CEO Stephane Bancel said that he expects existing vaccines to be less effective against the Omicron variant
* The growth in U.S. home prices slowed down just a bit in September.
* SELL SILVER MAR 2022 @ 62800 SL 63500 TGT 62000-61650.MCX
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