2026-04-29 11:59:48 am | Source: Kedia Advisory
Sell Silver MAY @ 239000 SL 241500 TGT 236000-234000. MCX - Kedia Advisory
Silver
SELL SILVER MAY @ 239000 SL 241500 TGT 236000-234000. MCX
Observations
Silver trading range for the day is 227890-245980.
Silver dropped as ongoing US-Iran tensions boosted crude oil prices, fueling inflation fears.
US private employers added an average of 39,250 jobs per week in the four weeks ending April 11, 2026
Fed is poised to hold rates steady, possibly in Jerome Powell’s final meeting as chair, with markets parsing signals on future policy.
Bank of Japan maintained rates in a split vote, while other major central banks are expected to pause this week.
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