2026-09-01 10:30:40 am | Source: Kedia Advisory
Buy Silver SEP @ 231000 SL 228000 TGT 235000-238000. MCX - Kedia Advisory
Silver

BUY SILVER SEP @ 231000 SL 228000 TGT 235000-238000. MCX
Observations
Silver trading range for the day is 230080-238680.
Silver dropped as hawkish remarks from Fed Chair Warsh revived expectations for an imminent interest rate hike.
Federal Reserve Chair Kevin Warsh said the Fed's 2% PCE target is a firm, fixed objective.
Federal Reserve official Hammack said interest rates are the Fed's most straightforward policy tool.
Speculators increased their net long positions in COMEX silver by 2,467 contracts to 13,235 contracts – CFTC
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