2026-08-19 10:15:44 am | Source: Kedia Advisory
Sell Silver SEP @ 235000 SL 238000 TGT 231000-229000. MCX - Kedia Advisory
SILVER
SELL SILVER SEP @ 235000 SL 238000 TGT 231000-229000. MCX
Observations
Silver trading range for the day is 228385-238335.
Silver dropped amid a broad pullback across the metals market as global bond yields surged to multi-year highs.
Metals also faced pressure from rising oil prices, which kept inflationary risks and interest rate concerns in focus.
Goldman calls September Fed hike very unlikely as inflation eases Silver net long positions decreasing slightly by 755 contracts to 10,312 contracts.
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