2026-07-13 09:29:16 am | Source: Kedia Advisory
Sell Silver Sep @ 224000 SL 227000 TGT 220000-217000 MCX - Kedia Advisory
Silver
SELL SILVER SEP @ 224000 SL 227000 TGT 220000-217000. MCX
Observations
Silver trading range for the day is 218230-229210.
Silver dropped as investors continued to assess developments in ME and their potential impact on inflation and monetary policy.
Reports indicated that the US and Iran will continue peace talks despite a recent escalation in hostilities.
Markets continue to expect the Fed to raise interest rates at least once this year, although the policy outlook remains highly uncertain.
Fed’s Williams said that, among the factors driving inflation in the US, he is most focused on demand fueled by artificial intelligence.
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