Buy Silver Jul 2021 @ 67400 SL 66700 TGT 68200-68600.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 66961-69011.
Silver prices inched higher as the dollar eased amid Fed Chair Jerome Powell's dovish comments.
The U.S. dollar fell following comments from Fed Chair Jerome Powell that an interest rate hike would not happen any time soon.
The currency fell along with yields after Powell said that the Fed would be patient in waiting to tighten monetary policy.
Powell's comments calmed markets after the Fed's shift in tone kept traders on the edge last week.
BUY SILVER JUL 2021 @ 67400 SL 66700 TGT 68200-68600.MCX
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