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2026-07-20 10:44:47 am | Source: Kedia Advisory
Buy Silver Sep @ 214000 SL 211000 TGT 218000-220000. MCX - Kedia Advisory
Buy Silver Sep @ 214000 SL 211000 TGT 218000-220000. MCX - Kedia Advisory

Silver

BUY SILVER SEP @ 214000 SL 211000 TGT 218000-220000. MCX

Observations

Silver trading range for the day is 212350-219260.

Silver gained on short covering as the US-Iran conflict boosted energy prices, which ultimately drive inflation higher.

Adding to the pressure, Dallas Fed President Lorie Logan called for a rate hike.

Fed Vice Chair Philip Jefferson said he would support tighter policy if inflation failed to show near-term improvement.

Markets now assign roughly a 50% probability to a September rate increase.

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