SEPT 16 TUESDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 17660 , S2 RS 17260
R1 RS 18280 , R2 RS 18420
STAY SHORT.
Silver for immediate delivery fell 1.8 percent to $10.93 an ounce.
Gold fell for the first day in three as some investors sold the
precious metal to raise cash after U.S. stocks tumbled on
increased speculation that credit- market losses and the
economic slowdown will worsen.
The dollar traded near a two-month low against the yen on
speculation the Federal Reserve will cut the target lending
rate today after Lehman filed for bankrupcy.
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