2026-04-20 12:28:38 pm | Source: Kedia Advisory
Sell Silver MAY @ 259000 SL 261500 TGT 256000-254000. MCX - Kedia Advisory
Silver
SELL SILVER MAY @ 259000 SL 261500 TGT 256000-254000. MCX
Observations
Silver trading range for the day is 242545-269045.
Silver extended gains as investors welcomed news that the Strait of Hormuz will remain fully open to commercial shipping.
However, vessels are required to transit through a “coordinated route,” according to Iran’s maritime authorities, Iran’s foreign minister said.
US President Trump stated that the US naval blockade “will remain in full force” until a comprehensive agreement is reached.
Commerzbank expects silver price to reach $90/oz by year – end
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