Buy Silver DEC @ 70000 SL 69400 TGT 70800-71400. MCX - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 69625-72505.
Silver dropped weighed by stronger dollar and Treasury Yields
Minneapolis Fed President Neel Kashkari said the US central bank probably still had some work to do to bring inflation under control.
U.S. reports on the U.S trade deficit in the month of September may attract attention later today along with remarks by several Fed officials.
As recession worries swirl, Fed Chair Jerome Powell's speech due on Wednesday and Thursday may offer additional clarity on the U.S. rate outlook.
BUY SILVER DEC @ 70000 SL 69400 TGT 70800-71400. MCX
