Buy Silver DEC @ 161000 SL 160000 TGT 162800-164200. MCX - Kedia Advisory
SILVER

BUY SILVER DEC @ 161000 SL 160000 TGT 162800-164200. MCX
Observations
Silver trading range for the day is 152160-167620.
Silver rose as signs of US labor market weakness fueled expectations for a near-term Fed rate cut.
Fed Governor Stephen Miran also called for a larger half-point reduction amid falling inflation and rising unemployment.
Optimism grew that the record-long government shutdown could end soon, with the Republican-controlled.
Traders currently price in roughly a 68% chance of a 25 bps rate cut next month.
