2025-11-19 09:13:48 am | Source: Kedia Advisory
Buy Silver Dec @ 154000 SL 153000 TGT 155000-156000. MCX - Kedia Advisory
Silver
BUY SILVER DEC @ 154000 SL 153000 TGT 155000-156000. MCX
Observations
Silver trading range for the day is 149600-157440.
Silver dropped pressured by a stronger US dollar and fading expectations of a Fed rate cut next month.
Initial jobless claims in the US totaled 232,000, remaining firmly above the averages from the period since the end of the second quarter
Markets currently imply a 43% probability of a 25bps rate cut in December, down from over 60% earlier this month.
Fed’s Waller signals support for another rate cut next month
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