Sell Silver Dec 2022 @ 62000 SL 62500 TGT 61300-60800.MCX - Kedia Advisory
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Silver trading range for the day is 60226-63438.
Silver dropped on profit booking after prices rose as a sharper-than-expected drop in US inflation reignited bets that Fed would slow the pace of its interest-rate
Consumer prices rose by 7.7% annually in October, slowing for the fourth month from the peak hit in June.
Fed is expected to raise interest rates by 50bps in its December meeting before reaching a terminal funds rate of 5% in March.
German consumer price inflation accelerated to 10.4 percent in October from 10.0 percent in September.
SELL SILVER DEC 2022 @ 62000 SL 62500 TGT 61300-60800.MCX
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