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Thursday, September 18, 2008

UPDATES ON SEPT 18 2008

SEPT 18 THURSDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND: BEARISH

S1 RS 19280 , S2 RS 18860

R1 RS 19580 , R2 RS 19980

WAIT FOR CONFIRMATION.

Silver fixes higher, gold climbs in Europe on AIG rescue .

Silver fixes at 1077.00 cents, below its previous fix of

1088.00 cents.

Spot silver gains 32 cents from its nominal close in

New York on Tuesday at $10.76/10.81 an ounce.

Gold gained $2.65 to $780.60/781.70 an ounce.

Bullion higher in tandem with other commodities as the U.S.

Federal Reserve's rescue of troubled insurer American

International Group (AIG) gave battered financial markets a bit

of a respite.

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