Sell Silver Dec 2022 @ 53600 Sl 54200 Tgt 52800-52500.Mcx - Kedia Advisory
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SILVER
Silver trading range for the day is 52296-54428.
Silver dropped as strong hawkish signals from the Federal Reserve drove investors out of bullion and into the US dollar.
Fed Chair Jerome Powell emphasized the US central bank’s priority of bringing inflation down to the 2% level.
Fed’s Williams told that he expects interest rates to continue higher and to remain at those levels until inflation is subdued
The number of job openings in the US rose by 199,000 from a month earlier to 11.2 million in July of 2022
SELL SILVER DEC 2022 @ 53600 SL 54200 TGT 52800-52500.MCX.
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