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Friday, May 25, 2012

Bullion News- Gold Silver Trend

MCX Gold -Price have been trading with a negative bias, but even in this scenario unable to break below  28720 region could up thrust prices towards 28900/960 or even higher towards 29050. But break below 28700 region could ignite fresh selling pressure towards  28650/540 or even lower towards 28470.

MCX Silver- 

Likely to be choppy inside the range of 53700-54400  levels with mild positive bias. Either side breakout would suggest fresh directional moves.

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