Thursday, June 30, 2011

A difficult Market to call.













The PM market has become almost too difficult to call. Perhaps the difficulty is due to which graph is being used. When Silver and Gold are plotted on a weekly basis, an uptrend is clear. But, when these are plotted on a daily basis, there is a lot of volatility, especially now. Furthermore, the PM trades are quiet different from the AM trades. And Advisers from the same company see it differently. Perhaps the biggest difference is the start of the next upleg in gold prices. While, it is being forecast fo July, Aug and September, the Market is tending solidly up but slowly.


Not an easy Market to call.







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