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Premium Update
October 12, 2012, 8:14 AMThe S&P 500 Index declined this week, but miners didn't decline as much, which is a bullish signal. However, silver moved below its 20-day moving average and the outlook for the while metal doesn't look good in the short run.
Today's update features the key, short-term charts that are likely to drive the gold and silver price moves in the coming days and weeks and signals coming from them allow us to estimate the most probable outlook for the precious metals in the short- and medium term. We believe that there are two trading opportunities on the horizon and we explain details in today's update.
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