Buy Silver JUL @ 251000 SL 248500 TGT 254500-256500. MCX - Kedia Advisory
SILVER
BUY SILVER JUL @ 251000 SL 248500 TGT 254500-256500. MCX
Observations
Silver trading range for the day is 246570-258760.
Silver jumped amid signs of de-escalation in the Middle East.
US said its offensive operations against Iran had concluded and announced a temporary pause in “Project Freedom.”
Private businesses in the US added a net 109,000 jobs in April 2026, the largest increase since January 2025.
Probability of a Fed rate hike by the end of this year currently stands at roughly around 35% compared to less than 10% last Friday.
