2026-06-01 12:16:18 pm | Source: Kedia Advisory
Sell Silver Jul @ 269000 SL 271500 TGT 266000-264000. MCX - Kedia Advisory
Silver
SELL SILVER JUL @ 269000 SL 271500 TGT 266000-264000. MCX
Observations
Silver trading range for the day is 261265-272265.
Silver dropped after Rupee gained above 95 levels as reports of a preliminary agreement between the US and Iran eased concerns.
Markets assess a proposed US-Iran agreement that would reopen the Strait of Hormuz and extend the ceasefire
U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war.
Fed’s Schmid said that policymakers “may need to weigh how to make monetary policy more restrictive”
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