Sell Silver MAY @ 234800 SL 237000 TGT 231000-229500. MCX

2026-04-07 12:07:29 pm | Source: Kedia Advisory

Sell Silver MAY @ 234800 SL 237000 TGT 231000-229500. MCX - Kedia Advisory

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SELL SILVER MAY @ 234800 SL 237000 TGT 231000-229500. MCX

Observations

Silver trading range for the day is 226400-239880.

Silver gains as investors assessed reports of a potential ceasefire in the Middle East.

Fed’s Goolsbee said it was "unfortunate timing" for the economy to be hit by an oil shock

US nonfarm payrolls increased by 178,000 jobs in March, the most since December 2024, while the unemployment rate fell to 4.3%.

Traders have almost completely priced out any chances of a Fed rate cut this year.

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Sell Silver MAY @ 234800 SL 237000 TGT 231000-229500. MCX - Kedia Advisory

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