On last newsletter I’d said,
“Gold hurdle: 27350
If the gold stays below to hurdle then it will lookup us 27110-27000 level“
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On same day the gold made low 27061 and touched our first target.
But the gold is overall moving up from the last two weeks but I don’t think it can move continue without any stop. For long term / short term investors should keep silence until it cross and close above 27620 level because that level can open doors for buyers.
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Do you remember 15th Oct, 2015 newsletter? Click here to read it..
I had written, “Silver hurdle: 37750
…And if silver stays below to hurdle then it will lookup us 37300-37068”
On same day silver made low exact 37068 level and completed our both targets.
Now silver looking quite up but overall it’s still down and downtrend will be being after the silver show us closing below to 37250 level below.
And if it close below to 37250 on this week then we will see again 37068 to 36900-36720 levels.
Silver will be stay positive and hit 37600-37700+ if it stays above to 37250 level.
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