SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-43500 R1-42000 S1-39000 S2-37500
Silver gains on demand from bottom fishers, though many investors remained on the sidelines ahead of key retail sales report.
Due to expectations of U.S economic recovery and Fed raising interest rates sooner than expected, bullion prices have dropped significantly.
Holdings at shares silver trust dropped by 0.32% i.e. 32.86 tonnes to 10321.75 tonnes from 10354.58 tonnes.
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