2025-11-12 10:20:36 am | Source: Kedia Advisory
Buy Silver DEC @ 153600 SL 152600 TGT 155000-156000. MCX - Kedia Advisory
SILVER
BUY SILVER DEC @ 153600 SL 152600 TGT 155000-156000. MCX
Observations
Silver trading range for the day is 151510-157670.
Silver surged supported by expectations of a near-term Fed rate cut amid signs of US economic weakness.
US data last week pointed job losses in October, particularly in government and retail.
US Senate passed a bill to reopen the federal government after a 40-day shutdown, potentially reducing safe-haven demand.
Fed Governor Stephen Miran advocating a larger half-point reduction amid falling inflation and rising unemployment.
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