11-09-2021 12:49 PM | Source: Kedia Advisory
Buy Silver Dec 2021 @ 64600 SL 64000 TGT 65250-66000.MCX - Kedia Advisory
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Silver

Silver trading range for the day is 63998-65480.

Silver gained as major central banks sent a dovish tone on interest rates last week and investors remained concerned about rising inflation

The US ADP employment data increased by 571,000 in October, more significant than the expected 400,000, hitting a new high since June.

The US trade deficit September also reached a new record high at $80.9 billion higher than the estimated $80.2 billion.

The non-commercial net long positions of gold and silver in CFTC stood at a medium-tohigh level, and the risks are accumulating

BUY SILVER DEC 2021 @ 64600 SL 64000 TGT 65250-66000.MCX

 

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