Buy Silver DEC @ 70500 SL 69800 TGT 71300-71800. MCX - Kedia Advisory
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SILVER
OBSERVATION
Silver trading range for the day is 69535-72025.
Silver dropped pressured by a strength in the US dollar
The dollar index rose by more than 0.5% to cross 105, the highest since March
The yield on the 10-year US Treasury note rose toward the 4.3% mark, heading near the 15-year high of 4.34%.
Signs of resilience in US economy supported the outlook for the Federal Reserve to maintain borrowing costs at restrictive levels.
BUY SILVER DEC @ 70500 SL 69800 TGT 71300-71800. MCX
