2026-10-01 10:56:17 am | Source: Kedia Advisory
Sell Silver DEC @ 226000 SL 229000 TGT 222000-220000. MCX - Kedia Advisory
Silver

SELL SILVER DEC @ 226000 SL 229000 TGT 222000-220000. MCX
Observations
Silver trading range for the day is 220775-229155.
Silver dropped as elevated oil prices and Treasury yields outweighed support from softer-than-expected US inflation data.
Fed’s Michael Barr made a renewed case for further interest rate hikes
The US economy expanded at an annualized rate of 2.2% in Q2 2026, revised up by 0.7 percentage point from the 2nd estimate.
US PCE price index rose 0.3% month-over-month in August 2026, following a downwardly revised 0.1% gain in July
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