SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-44000 R1-42500 S1-39500
S2-38500
Silver dropped after data showed U.S. jobless claims fell more than expected, suggesting a firming labor market.
Pressure also seen after investors digested the Fed’s statement on interest rates and concluded that tighter monetary policy is drawing closer
U.S. Commerce Department said that the number of building permits issued last month dropped by 5.6% to 998,000 units from July’s total of 1.057 million.
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