08-05-2022 12:24 PM | Source: Kedia Advisory
Buy Silver SEP 2022 @ 57500 SL 57000 TGT 58500-59200.MCX - Kedia Advisory
SILVER
Silver trading range for the day is 57058-58962.
Silver rose amid lingering recession concerns, while the negative sentiment around the dollar lent optimism to bulls.
The Federal Reserve extended its tightening path with a 75bps interest rate hike in its July meeting.
The move furthered the tightening momentum by major central banks, as inflation in the world’s largest economies have shown no sign of peaking.
BUY SILVER SEP 2022 @ 57500 SL 57000 TGT 58500-59200.MCX
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