Buy Silver Dec 2022 @ 55800 SL 55300 TGT 56600-57000.MCX - Kedia Advisory
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Silver
Silver trading range for the day is 55429-57283.
Silver prices steadied as the dollar faltered, although risks from looming aggressive interest hikes by the U.S. Federal Reserve limited gains
The UK’s fiscal policy reversal lifted investors’ sentiment and the US dollar backed off its recent highs.
Inflation in the United States is "very stubborn" and the Federal Reserve should "stay the course" and tighten monetary policy or else lose credibility
A fourth straight 75-basis-point Fed interest rate hike is expected next month after data last week showed inflation increasing strongly in September.
BUY SILVER DEC 2022 @ 55800 SL 55300 TGT 56600-57000.MCX
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