2026-09-18 10:54:52 am | Source: Kedia Advisory
Sell Silver DEC @ 241000 SL 244000 TGT 238000-236000. MCX - Kedia Advisory
SILVER
SELL SILVER DEC @ 241000 SL 244000 TGT 238000-236000. MCX
Observations
Silver trading range for the day is 226830-244990.
Silver climbed as investors reassessed their positions following the US Federal Reserve’s first rate hike in three years.
Prices found some support as oil prices retreated amid easing concerns over supply disruptions in the Middle East.
The number of people claiming unemployment benefits fell by 10,000 to 196,000 in the second week of September, the least since the 60-year low of 189,000 from July.
Fed Chair Warsh also said inflation remains elevated, while data released last week showed core US inflation rose more than anticipated in August.
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