2026-09-28 10:45:26 am | Source: Kedia Advisory
Sell Silver DEC @ 236000 SL 238000 TGT 233000-230000. MCX - Kedia Advisory
SILVER
SELL SILVER DEC @ 236000 SL 238000 TGT 233000-230000. MCX
Observations
Silver trading range for the day is 229965-239565.
Silver gained as a sell-off in government debt eased and oil prices retreated from recent highs.
Hawkish Fed expectations remain a key headwind, with markets pricing a stronger chance of an October rate hike.
The CME FedWatch Tool now shows around a 71% probability of a hike at the October meeting.
Focus shifts to next week’s PCE inflation, ISM Manufacturing PMI and Nonfarm Payrolls data.
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