2026-01-19 11:33:44 am | Source: Kedia Advisory
Silver looks to get support at 272000 and resistance at 300000 - Kedia Advisory
Silver
Silver looks to get support at 272000 and resistance at 300000
Observations
Silver trading range for the day is 279405-297045.
Silver fell as the US decided to refrain from imposing tariffs on critical minerals.
Safe-haven demand for precious metals also eased after Trump said he had been assured that executions of protesters in Iran had stopped.
Weekly Initial Jobless Claims fell to 198,000, while the four-week average eased to 205,000 from 211,500 Markets expect the Fed to keep rates unchanged later this month, with the next fully priced cut shifting from June to July.
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