Buy Silver May 2022 @ 67800 SL 67200 TGT 68400-69000.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 65970-67838.
Silver dropped as US jobs report continued to show signs of a tight labour market strengthening expectations for a 50bps increase in the Fed funds rate
The American economy added 431 thousand jobs in March, a tad below market expectations
Eurozone inflation accelerated further to a new record high in March, flash data from Eurostat showed.
In money markets, eight additional rate hikes by the Fed are priced in for the current year.
BUY SILVER MAY 2022 @ 67800 SL 67200 TGT 68400-69000.MCX
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