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Silver Forecast May 3, 2012, Technical Analysis

posted by Avatar FXEmpire 410 days ago in Technical, Daily, Metals

The silver markets fell on Wednesday as the support level between $31 and $30 continues to be tested. The market will have certainly reacted poorly to the weaker than expected ADP employment numbers out of America for the session, as it suggested that the industrial base of America is slowing down. This would lead to less demand for silver from the
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