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10-10-2022 11:01 AM | Source: Kedia Advisory
Silver Dec 2022 @ 61000 SL 61500 TGT 60200-59800.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 59404-62630.

Silver dropped after the hotter-than-expected employment report reinforced market bets Fed will maintain its aggressive tightening path

U.S. job growth strong in September as labor market forges ahead

The US 10-year Treasury note yield rose further toward 3.9%, approaching a 14-year peak of 4% hit on September 27

Investors now look ahead to next week's inflation report for more clues on the central bank’s rate hike path.

SELL SILVER DEC 2022 @ 61000 SL 61500 TGT 60200-59800.MCX

 

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