Sell Silver Sep 2021 @ 68000 SL 68550 TGT 67400-67200.MCX - Kedia Advisory
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SILVER
Silver trading range for the day is 67302-68472.
Silver prices dropped as dollar rose as upbeat economic data helped reverse losses from dovish remarks by the Federal Reserve.
Fed Chair Jerome Powell said the U.S. job market still had some ground to cover before it would be time to pull back support.
The dollar also got a lift after Fed’s said the Fed should start reducing its $120 billion in monthly bond purchases this fall.
The Commerce Department said real U.S. GDP surged up by 6.5 percent in the second quarter following a 6.3 percent jump in the first quarter.
SELL SILVER SEP 2021 @ 68000 SL 68550 TGT 67400-67200.MCX
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