Buy Silver Jul 2022 @ 59600 SL 59000 TGT 60400-60900.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 59363-61021.
Silver gains tracking gains in base metals as some recession fears eased following China’s decision to lift Covid-19 curbs in Shanghai and relaxed testing mandates.
New orders for U.S.-made capital goods and shipments increased solidly in May
The ECB is expected to increase interest rates into positive territory in Q3, starting with a 25bps hike in July.
It's a busy week for U.S. economic calendar, with reports on consumer confidence, manufacturing activity awaited later in the week.
BUY SILVER JUL 2022 @ 59600 SL 59000 TGT 60400-60900.MCX
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