Buy Silver Jul 2021 @ 71200 SL 70800 TGT 71800-72400.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 70474-72796.
Silver dropped as a stronger dollar and the threat of a definite taper-talk by the Federal Reserve diminished the metal's glitter.
Markets will keenly watch out for the Federal Reserve Open Market Committee's Wednesday meeting to review the Federal Funds Rate and projections.
Speculators raised their net long positions in silver in the week ended June 8
Investors await the Federal Reserve's monetary policy meeting for more clues about the state of the economy and policy outlook.
BUY SILVER JUL 2021 @ 71200 SL 70800 TGT 71800-72400.MCX
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