Sell Silver DEC @ 187500 SL ABOVE 189500 TGT 184000. MCX

2026-11-06 10:24:23 am | Source: Kedia Advisory

Sell Silver DEC @ 187500 SL ABOVE 189500 TGT 184000. MCX - Kedia Advisory

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SILVER

SELL SILVER DEC @ 187500 SL ABOVE 189500 TGT 184000. MCX

Observations

Silver trading range for the day is 181330-193850.

Silver dropped on profit booking after prices rallied as Democratic victories in the US midterm elections strengthened hopes for an end to the US-Iran conflict.

Initial jobless claims in the US fell by 6,000 to 189,000, down from a revised 195,000 in the previous week.

Investors are now turning their attention to Friday's key US employment report, which could influence expectations for the Fed’s monetary policy.

Perth Mint's silver sales fell 36% in October from the prior month

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Sell Silver DEC @ 187500 SL ABOVE 189500 TGT 184000. MCX - Kedia Advisory

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