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Friday, September 26, 2008

UPDATES ON SEPT 26 2008

SEPT 26 FRIDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BULLISH

S1 RS 20560 , S2 RS 20430

R1 RS 20830 , R2 RS 21060

WAIT FOR CONFIRMATION.

Silver tracked gold through out the day.

The metal rallied from $ 13.04 to $ 13.66 through out

the Asian and London sessions. Prices then slipped in

New York closing at $ 13.35.

The support is at $ 13.15 and then the next support at

$ 12.90 and then $ 12,40.

Primary Resistence is at $ 13.65 and secondary Resistence

at $ 13.90.

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