2026-09-24 11:12:51 am | Source: Kedia Advisory
Sell Silver DEC @ 237000 SL 239000 TGT 234000-232000. MCX - Kedia Advisory
SILVER
SELL SILVER DEC @ 237000 SL 239000 TGT 234000-232000. MCX
Observations
Silver trading range for the day is 231715-243465.
Silver dropped as hawkish signals from Federal Reserve officials outweighed the impact of falling oil prices on the inflation.
Fed’s Collins said she supported last week’s rate hike amid concerns that future inflation could remain above the 2% target.
Fed’s Goolsbee said, “Strong demand may be adding to inflation along with energy, tariff, other supply shocks.”
The CME FedWatch tool shows an almost 90% chance that the Fed will deliver at least one interest rate hike this year
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