SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44000 R1-42500 S1-40000
S2-39000
Silver settled flat after upbeat U.S. data fueled speculation that Fed will make fresh cuts to its bond-buying program.
Friday's data fueled already growing expectations that the Federal Reserve will hike interest rates earlier than markets were expecting.
Holdings at ishares silver trust gained by 1.00% i.e. 104.42 tonnes to 10559.32 tonnes from 10454.90 tonnes.
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