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Thursday, January 22, 2009

UPDATES ON JAN 22 2009

JAN 22 THURSDAY

SHORT TERM TREND : SIDEWAYS

LONG TERM TREND : BEARISH

S1 RS 18480 , S2 RS 18280 , S3 RS 18160

R1 RS 18680 , R2 RS 18860 , R3 RS 19080

March silver futures rose 14 cents to end at $11.32 an ounce.

Primary support is at $ 11.06 and secondary support

is at $ 11.44.

Resistence is at $ 11.31 and $ 10.95.

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