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Thursday, February 19, 2009

UPDATES ON FEB 19 2009

FEB 19 THURSDAY

SHORT TERM TREND : BULLISH

LONG TERM TREND : BULLISH

S1 RS 22880 , S2 RS 22730 , S3 RS 22610

R1 RS 23315 , R2 RS 23540 , R3 RS 23760

STAY3LONG AT SUPPORT.

March silver gained 2% to $14.29 an ounce.

Silver tracked gold in asian trade ranging from

$ 13.57 to $ 13.88.

The metal climbed to $ 13.88 in London before drifting

sideways as LME copper fell 4.35 % for the dau.

Silver rose in Newyork rising to $ 14.22 before closing at

$ 14.04.

Primary support and resistance are at $ 13.93 and

$ 14.42.

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