Sell Silver Dec 2022 @ 62000 SL 62500 TGT 61400-61000.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 60835-62547.
Silver dropped as dollar index regained above the 106, as investors assessed the outlook for growth and monetary policy
Signs of low supply also lifted prices, as inventories at New York’s COMEX fell 70% in the last 18 months to just over 1 million tonnes.
Stocks at the London Bullion Market Association fell for the 10th straight month to a record-low 27.1 thousand tonnes.
Data showed Eurozone economic activity contracted for a fifth consecutive month in November.
SELL SILVER DEC 2022 @ 62000 SL 62500 TGT 61400-61000.MCX
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