Buy Silver Jul 2021 @ 67200 SL 66500 TGT 68000-68400.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 66682-68468.
Silver edged lower as investors await testimony from Fed Chair Powell for further guidance on the recent surprise shift in the central bank's policy outlook.
Fed Kashkari said he wants to keep the U.S. central bank’s benchmark short-term interest rate near zero at least through the end of 2023
The US central bank has sharply raised its forecasts for inflation this year and flagged two rate increases by the end of 2023.
Market participants will listen now to congressional speeches from a number of Fed officials, including Chair Jerome Powell, who is due to speak on Tuesday.
BUY SILVER JUL 2021 @ 67200 SL 66500 TGT 68000-68400.MCX
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