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Sep 30, 2011

SILVER TREND TODAY 30 sep

  MCX  SILVER major trend change time near 12:18, 1:26, 2:18, 4:06, 5:34, 6:51, 8:34, 10:39.. today silver maybe bullish after volatile trend. this is Technical based prediction.
MCX Gold can slide more than 18-20% from present level compared to prev expectations of 15%. The much better US economic data is the prime reason. US Durable goods orders in Aug is up by 13.6% from July level on not-seasonally adjusted basis, much better than expected. US GDP up by 1.3% in Q2 compared to prev estimates of 1%. Also, looking at jobless claims data which is down by 28000 on not seasonally adjusted basis, continuous 9 month decline, we can clearly say that US economy getting better & trouble for Gold comes in.
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Posted by FREE MCX TIPS PROVIDER at 12:57 AM
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8 comments:

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