Sell Silver DEC @ 239000 SL 242000 TGT 236000-234000. MCX - Kedia Advisory
SILVER
SELL SILVER DEC @ 239000 SL 242000 TGT 236000-234000. MCX
Observations
Silver trading range for the day is 230610-245580.
Silver fell as the dollar strengthened following stronger-than-expected US employment data.
Money markets now pricing in a near 65% probability of Fed rate hike in September, according to the CME FedWatch Tool.
US nonfarm payrolls rose by 162,000 in August, following an upwardly revised increase of 23,000 in July.
Average hourly earnings for all employees on US private nonfarm payrolls, rose by 10 cents, or 0.3% over a month to $37.75 in August 2026
