SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45000 R1-43500 S1-40500
S2-39000
Silver seen under pressure pulled down by fears that encouraging economic data could prompt U.S. Fed to raise interest rates sooner than expected.
Investors will be awaiting Friday’s U.S. data on retail sales and consumer sentiment for further indications on the strength of the economic recovery
Holdings at ishares silver trust gained by 0.43% i.e. 44.75 tonnes to 10408.66 tonnes from 10363.91 tonnes.
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