2026-08-31 10:27:34 am | Source: Kedia Advisory
Sell Silver Sep @ 238000 SL 241000 TGT 235000-232000. MCX - Kedia Advisory
Silver
SELL SILVER SEP @ 238000 SL 241000 TGT 235000-232000. MCX
Observations
Silver trading range for the day is 229435-249525.
Silver dropped tracking the surge in short-term Treasury yields after Fed Warsh signaled a firmer stance against inflation.
Fed Chair Kevin Warsh: inflation still above target, Fed 'has work to do'
U.S. job growth revised down, labor market cooling more evident
Market pricing now implies roughly a 50% probability of a Fed rate hike in September.
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