2026-10-05 10:02:32 am | Source: Kedia Advisory
Buy Silver DEC @ 223000 SL 220000 TGT 227000-229000. MCX - Kedia Advisory
SILVER

BUY SILVER DEC @ 223000 SL 220000 TGT 227000-229000. MCX
Observations
Silver trading range for the day is 222715-228475.
Silver rose as softer-than-expected US PCE inflation data reduced expectations for a Fed interest rate hike this month.
The number of Americans filing for unemployment benefits fell by 1,000 to 197,000, below expectations of 200,000
Markets now see roughly a 38% chance of a Federal Reserve rate hike in October, down from 51% before the PCE release.
Fed's Williams said downside risks to achieving full employment have diminished.
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