SILVER AGAIN BEARISH FOR A YEAR END LOW

 

December,29, 2011 (02:00pm) :-  Silver went down another 3000 pt. in MCX leading to a downside circuit yesterday. Bearish trend is on from a week and can continue for another one week .Main reason behind this drop is the continuous selling done by big investors in international market. A record selling of 200 tone silver has been recorded so far. Less volume in trading because of holiday scenario proved to be another reason for the same. Same trend can continue for another one week .

Silver have strong support at $24 in COMEX and Rs 47000 in MCX is predicted.

All the subscriber of bullionguru made handsome or we can say huge profit in gold and silver trading as the company was bearish in both from last one week and was sure for a downside circuit in silver by Tuesday or may on Wednesday which actually hit on Wednesday night.

Accuracy in silver proved to be 100% in gold and silver for this week. Subscribers converted all their losses done from self trading into profit.