2026-10-19 10:31:17 am | Source: Kedia Advisory
Buy Silver DEC @ 211000 SL BELOW 208000 TGT 215000. MCX - Kedia Advisory
SILVER
BUY SILVER DEC @ 211000 SL BELOW 208000 TGT 215000. MCX
Observations
Silver trading range for the day is 208670-215250.
Silver rose as dollar fell to 101.6, its lowest level in two weeks.
Fed's Goolsbee said that data this week showing stronger-than-expected consumer and producer price inflation has been "discouraging."
Fed's Hammack said the Fed might need to hike interest rates more aggressively if there were to be a notable deterioration in the public's inflation expectations.
Traders largely expect the US central bank to hold rates steady this month, while pricing in a 91% chance of a rate hike in December.
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