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2026-08-18 09:24:38 am | Source: Kedia Advisory
Buy Silver Sep @ 235000 SL 232000 TGT 240000-243000. MCX - Kedia Advisory
Buy Silver Sep @ 235000 SL 232000 TGT 240000-243000. MCX - Kedia Advisory

Silver

BUY SILVER SEP @ 235000 SL 232000 TGT 240000-243000. MCX

Observations

Silver trading range for the day is 234395-240825.

Silver gained as subdued US economic data reduced expectations for an imminent Federal Reserve interest rate hike.

Data pointed to tame US inflation, while consumer sentiment and retail sales weakened.

Investors are now awaiting the FOMC’s latest meeting minutes and Fed Chair Warsh’s speech at Jackson Hole symposium for further guidance.

Meanwhile, tensions in the Middle East remain elevated after Israel launched fresh strikes on Lebanon over the weekend.

 

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