2026-03-13 11:36:07 am | Source: Kedia Advisory
SELL SILVER MAY @ 270000 SL 272500 TGT 267000-265000. MCX - Kedia Advisory
Silver
SELL SILVER MAY @ 270000 SL 272500 TGT 267000-265000. MCX
Observations
Silver trading range for the day is 260925-278465.
Silver dropped as market participants navigated between persistent geopolitical risks and shifting monetary policy expectations.
Initial jobless claims in the US fell by 1,000 from the previous week to 213,000 in the first week of March.
The US trade deficit narrowed sharply to $54.5 billion in January 2026, the lowest since October.
US housing starts rose 7.2% month-on-month to a seasonally adjusted annual rate of 1.487 million in January 2026.
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