SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-41000 S2-40000
Silver dropped as the threat of an escalation of tensions in Ukraine appeared to wane for now, and a rally in global equity markets weighed prices.
The minutes of Fed’s July policy meeting due to be published on Wednesday for further clues about the timing of future interest rate hikes.
Apart from geopolitics, investors will be focused an annual meeting of top central bank officials in Jackson Hole from August 21 to 23.
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