2025-08-22 11:09:41 am | Source: Kedia Advisory
Sell Silver SEP @ 114200 SL 115200 TGT 113000-112200. MCX - Kedia Advisory
SILVER
SELL SILVER SEP @ 114200 SL 115200 TGT 113000-112200. MCX
Observations
Silver trading range for the day is 111365-115015.
Silver gains as investors looked ahead to the Federal Reserve’s annual Jackson Hole symposium for policy cues.
Initial jobless claims in the US jumped by 11,000 from the previous week to 235,000 on the second week of August.
According to the CME FedWatch tool, there is an almost 81.6% chance that the Fed will cut interest rates by 25 bps.
Federal Reserve Bank of Kansas City President Jeff Schmid said that the last mile of inflation will be "pretty hard".
Disclaimer:
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