Powered by: Motilal Oswal
2026-07-01 09:23:17 am | Source: Kedia Advisory
Sell Silver Sep @ 231000 SL 234000 TGT 227000-225000. MCX - Kedia AdvisorySilver
Sell Silver Sep @ 231000 SL 234000 TGT 227000-225000. MCX - Kedia AdvisorySilver

Silver

SELL SILVER SEP @ 231000 SL 234000 TGT 227000-225000. MCX

Observations

Silver trading range for the day is 215980-237090.

Silver rose on short covering after prices dropped amid a firm US dollar and expectations of US interest rate hikes.

Rising energy prices, fueled by the Middle East conflict, have eliminated expectations of Federal Reserve rate cuts this year

Traders now pricing in a near 65% chance of a September hike.

Focus now turns to upcoming US employment data, including nonfarm payrolls, and remarks by Fed Chair Kevin Warsh due Wednesday.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here