2026-07-02 09:40:42 am | Source: Kedia Advisory
Buy Silver Sep @ 226000 SL 220000 TGT 232000-236000 MCX - Kedia Advisory
Silver

BUY SILVER SEP @ 226000 SL 220000 TGT 232000-236000. MCX
Observations
Silver trading range for the day is 218190-239010.
Silver gained after Fed Chairman Warsh said inflation risks in the US were softening.
Data aggregated by the ADP indicated that the US private sector added nearly 100,000 jobs in June
US Manufacturing PMI was sharply revised down to 53.9 in June 2026, significantly below the preliminary estimate of 55.7.
According to the CME FedWatch tool, traders see a nearly 67% chance of a rate hike by September.
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