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Monday, November 3, 2008

UPDATES ON NOV 3 2008

NOV 3 MONDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 16780 , S2 RS 16530

R1 RS 17120 , R2 RS 17360

STAY SHORT AT RESISTENCE.

Silver followed gold lower on Friday with

$ 9.28 down from $ 10.02 the previous day.

Primary support is at $ 9.10 and secondary support

is at $ 8.62 to $ 7.55.

Primary resistence is at $ 10.18 and secondary resistence

is between $ 10.79 and $ 11.87.

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