SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47500 R1-46000 S1-43000 S2-41500
Silver settled flat as investors brushed off sluggish U.S. data and avoided the commodity after a key Fed official gave an upbeat forecast for the economy.
Comments from Fed official that raising interest rates by the end of the first quarter in 2015 will be appropriate also pressured investor sentiment.The U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending June 21 declined by 2,000 to 312,000
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