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01-01-1970 12:00 AM | Source: Kedia Advisory
Buy Silver SEP @ 72800 SL 72200 TGT 73600-74200. MCX - Kedia Advisory
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Silver

Observation

Silver trading range for the day is 72465-74565.

Silver fell on strong dollar as investors assessed monetary policy outlook.

Fed Chair Powell emphasized the potential necessity for Fed to implement additional interest rate hikes in order to effectively manage inflation

Fed Powell suggested the Fed could hold rates steady at its next meeting in September

Two Fed officials indicated that the jump in bond yields could complement the central bank’s effort to slow the economy

BUY SILVER SEP @ 72800 SL 72200 TGT 73600-74200. MCX

 

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