SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45000 R1-43500 S1-40500 S2-39000
Silver dropped as dollar marched higher after central bank heads signalled that interest rates were set on a diverging course in US, Europe and Japan.
Prices also seen under pressure hurt by strong U.S. economic data and speculation of an early interest rate increase.
The U.S. Commerce Department said new home sales dropped by 2.4% to a seasonally adjusted 412,000 units last month.
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