2026-05-04 11:45:58 am | Source: Kedia Advisory
Buy Silver JUL @ 249000 SL 247000 TGT 252000-255000. MCX - Kedia Advisory
SILVER
BUY SILVER JUL @ 249000 SL 247000 TGT 252000-255000. MCX
Observations
Silver trading range for the day is 236165-261605.
Silver gained as dollar index hovered at a two-month low, pressured by a sharp rally in the yen
President Trump rejected an Iranian proposal to open the Strait of Hormuz and lift the blockade, while postponing nuclear issues.
Fed held its key policy rate unchanged at 3.50%-3.75%, and the decision saw the highest number of dissents since 1992
ECB and the BOE left interest rates unchanged, following similar decisions by the Fed and the Bank of Japan.
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