Sell Silver Mar 2022 @ 61600 SL 62200 TGT 60800-60400.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 60234-63208.
Silver dropped as the dollar found support in renewed expectations for interest rates hikes.
Pressure also seen after Fed Chair Powell's hawkish comments pushing U.S. Treasury yields higher, especially at the short end of the curve.
Federal Reserve Chair Jerome Powell said asset purchases may need to be tapered faster to fight rising inflation.
The ISM Manufacturing PMI in the United States edged up to 61.1 in November 2021
SELL SILVER MAR 2022 @ 61600 SL 62200 TGT 60800-60400.MCX
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