2026-10-28 11:08:59 am | Source: Kedia Advisory
Sell Silver DEC @ 199000 SL ABOVE 202000 TGT 194000 - Kedia Advisory
SILVER
SELL SILVER DEC @ 199000 SL ABOVE 202000 TGT 194000.
Observations
MCXSilver trading range for the day is 189340-201080.
Silver prices recovered, rebounding from 11-month lows as declining oil prices eased inflation concerns ahead of Fed meeting.
However, gains remained limited by a stronger US dollar and elevated Treasury yields.
COMEX silver speculative net longs fell 1,988 contracts to 3,746.
Silver expected to average $70.30/oz in 2026, $66.75 in 2027
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