2026-05-27 11:30:02 am | Source: Kedia Advisory
Sell Silver JUL @ 273000 SL 276000 TGT 270000-267000. MCX - Kedia Advisory
SILVER
SELL SILVER JUL @ 273000 SL 276000 TGT 270000-267000. MCX
Observations
Silver trading range for the day is 266585-276745.
Silver fell as heightened uncertainty in the Middle East kept investors cautious about inflation risks.
Hawkish Federal Reserve expectations driven by elevated Oil prices continue to weigh.
CFTC-COMEX silver speculators cut net long position by 4,434 contracts to 11,761 in week to May 19
Traders now await the US PCE inflation report due on Thursday for fresh clues on the central bank’s monetary policy outlook.
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