Buy Silver May 2022 @ 68200 SL 67500 TGT 69000-69500.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 67686-68980.
Silver dropped as a strong dollar and soaring Treasury yields spooked investors.
U.S. home sales fell more than expected in March as house prices hit a record high despite some improvement in supply
German government bond yields fell today but were still at multi-year highs due to expectations around inflation and higher interest rates.
Fed’s Evans said that he favours two half-point rate hikes at upcoming meetings and move rate to 2.25-2.50 percent by the end of the year.
BUY SILVER MAY 2022 @ 68200 SL 67500 TGT 69000-69500.MCX
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