12-01-2021 02:36 PM | Source: Kedia Advisory
Sell Silver MAR 2022 @ 62800 SL 63500 TGT 62000-61650.MCX - Kedia Advisory
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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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