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Tuesday, December 2, 2008

UPDATES ON DEC 2 2008

DEC 2 TUESDAY

SHORT TERM TREND : BEARISH

LONG TERM TREND : BEARISH

S1 RS 16480 , S2 RS 16230 , S3 RS 16060

R1 RS 16850 , R2 RS 17040 , R3 RS 17230

STAY SHORT AT RESISTENCE.

Silver saw little action . The metal was steadily lower

throughout the day.Some buying returned when gold

moved higher , pushing the metal from the lows of

$ 10.15 to close at $ 10.23.

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