2026-07-14 10:11:25 am | Source: Kedia Advisory
Buy Silver Sep @ 214000 SL 212000 TGT 218000-220000 MCX - Kedia Advisory
Silver
BUY SILVER SEP @ 214000 SL 212000 TGT 218000-220000. MCX
Observations
Silver trading range for the day is 214760-222750.
Silver fell as renewed missile strikes between the US and Iran drove oil prices higher, fueling expectations of interest-rate hikes.
Investors are also awaiting key US inflation data due this week for further clues on the Federal Reserve's policy outlook.
Markets currently expect the Fed to deliver one more interest-rate hike before the end of the year.
COMEX silver speculators reduced their net long positions by 616 contracts to 12,131 contracts.
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