11-04-2022 10:48 AM | Source: Kedia Advisory
Buy Silver Dec 2022 @ 58000 SL 57400 TGT 58800-59400.MCX - Kedia Advisory
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SILVER

Silver trading range for the day is 56547-59331.

Silver fell after Fed Chair Powell kept hammering a hawkish message on rates increasing, hurting demand.

BOE raised rates by 75 bps and said further increases in Bank Rate may be required for a sustainable return of inflation to target

The number of Americans filing new claims for unemployment benefits fell by 1,000 to 217,000

The US trade gap widened to a three-month high of $73.3 billion in September of 2022 from a downwardly revised $65.7 billion deficit in August

BUY SILVER DEC 2022 @ 58000 SL 57400 TGT 58800-59400.MCX

 

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