Sell Silver Mar 2022 @ 61800 SL 62400 TGT 61100-60650 - Kedia Advisory
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SILVER
Silver trading range for the day is 60924-62074.
Silver prices gained as markets prepared for a busy central bank calendar week, headlined by the two-day Federal Reserve meeting on Dec. 14-15.
Concerns about the Omicron Covid-10 variant persist amid rising caseloads in some of the European countries.
The Fed is likely to announce a faster tapering of bond purchases but more pronounced concerns over inflation or an aggressive "dot plot" could roil markets.
In Europe, the ECB is expected to confirm its PEPP pandemic support scheme will end in March and maintain a more dovish take on inflation pressure.
SELL SILVER MAR 2022 @ 61800 SL 62400 TGT 61100-60650.MCX
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