Buy Silver Dec 2022 @ 53500 Sl 52800 Tgt 54400-54800.Mcx - Kedia Advisory
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SILVER
Silver trading range for the day is 52126-55050.
Silver edged higher as investors continued to assess the extent that the Federal Reserve will tighten policy in the current cycle.
The trade deficit in the US narrowed by $10.2 billion to a 9-month low of $70.7 billion in July 2022
Fed Chair Jerome Powell previously emphasized the US central bank’s priority of bringing inflation down to the 2% level
The European Central Bank is said to consider a bigger 75 basis point rate hike to tackle inflation
BUY SILVER DEC 2022 @ 53500 SL 52800 TGT 54400-54800.MCX
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