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Buy Silver Dec 2021 @ 60900 SL 60400 TGT 61600-61900.MCX - Kedia Advisory
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Silver
Silver trading range for the day is 58670-64738.
Silver prices dropped after fresh data showed an unexpected rise in retail sales last month, prompting expectations the Fed will start tapering this year
Retail sales in the US unexpectedly rose 0.7% mom in August of 2021, following an upwardly revised 1.8% fall in July
Investors now await the FOMC meeting next week for further clarity on when the Fed will start cutting stimulus.
The progress of U.S. President Joe Biden's economic agenda also remained in focus
BUY SILVER DEC 2021 @ 60900 SL 60400 TGT 61600-61900.MCX
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