2026-07-20 10:44:47 am | Source: 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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