Sell Silver Sep @ 224000 SL 227000 TGT 220000-217000. MCX - Kedia Advisory
Silver

SELL SILVER SEP @ 224000 SL 227000 TGT 220000-217000. MCX
Observations
Silver trading range for the day is 218710-226210.
Silver dropped amid rising expectations of further Fed rate hikes, and lingering geopolitical uncertainty in the West Asia.
Data indicated that US inflation climbed above 4% in May for the first time in three years.
Fed’s Goolsbee said inflation pressures remain elevated despite some improvement in services inflation
Fed’s Williams stated that inflation is still well above the central bank’s 2% target.
