2026-07-21 10:42:20 am | Source: Kedia Advisory
Sell Silver Sep @ 221000 SL 224000 TGT 217000-215000. MCX - Kedia Advisory
Silver
SELL SILVER SEP @ 221000 SL 224000 TGT 217000-215000. MCX
Observations
Silver trading range for the day is 216265-221475.
Silver gained as Iran's foreign ministry spokesperson said negotiations with U.S. could be pursued based on national interests.
Fed’s Hammack joined a growing chorus of policymakers suggesting further rate hikes may be needed to contain persistent inflation
Fed Vice Chair Philip Jefferson suggested he would be open to raising rates if there was no near-term improvement in inflation.
Markets are now pricing an 80% probability of a December Fed rate hike, up from 73% a week ago.
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