2025-09-22 09:41:53 am | Source: Kedia Advisory
Silver trading range for the day is 126540-131760 - Kedia Advisory
Silver
Be Cautious. Important resistance at 131600 while Support at 128200.
Observations
Silver trading range for the day is 126540-131760.
Silver climbed as investors weighed the outlook for US Federal Reserve rate cuts.
Fed Chair Jerome Powell framed the move as a risk management step in response to labor market weakness.
Strong demand from solar, electric vehicles and electronics, combined with supply constraints, continues to lend support.
Fed’s Kashkari said he supported the decision and penciled in two more cuts for this year.
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