Buy Silver Jul 2021 @ 71800 SL 71000 TGT 72800-73500.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 70528-73094.
Silver remained supported as dollar index eased and Treasury yields were stable after comments from a series of Fed officials helped ease fears about inflation.
New home sales dropped 5.9% to a seasonally adjusted annual rate of 863,000 units last month, the Commerce Department said
James Bullard, told that policymakers should not be too eager to pull back support yet as vaccinations bring the economy "closer and closer" to pre-pandemic form
Other Fed officials Raphael Bostic and Lael Brainard also talked down inflation risks and described the recent demand-supply disruptions as transitory.
BUY SILVER JUL 2021 @ 71800 SL 71000 TGT 72800-73500.MCX
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