2026-06-19 09:38:58 am | Source: Kedia Advisory
Sell Silver Jul @ 239000 SL 242000 TGT 235000-232000. MCX - Kedia Advisory
Silver
SELL SILVER JUL @ 239000 SL 242000 TGT 235000-232000. MCX
Observations
Silver trading range for the day is 230140-251720.
Silver dropped as the US Federal Reserve signaled growing support for interest rate hikes this year.
Fed decided to leave the policy rate in its current 3.50%-3.75% range.
Markets now see an 83.1% chance of a rate hike in December this year, jumping from 61% before the Fed decision.
Iran to define Strait of Hormuz administration with Oman and the Gulf States.
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