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2026-01-07 09:35:32 am | Source: Kedia Advisory
Silver looks to get support at 240000 and resistance at 2720000 - Kedia Advisory
Silver looks to get support at 240000 and resistance at 2720000 - Kedia Advisory

Silver

Silver looks to get support at 240000 and resistance at 2720000

Observations

Silver trading range for the day is 242575-267435. Silver rose as US attack on Venezuela added a new layer of geopolitical risk, supporting demand for safe metals. Fed's Kashkari sees risk jobless rate could 'pop' higher Investors further digested weaker-than-expected US manufacturing data. Markets currently price in over an 80% probability that the Fed will hold rates later this month

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