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Monday, August 3, 2009

CLOSING COMMENTARY FOR AUG 3 MONDAY

Silver prices looks bullish as it crosses its strong

res of 14.10$. Still one more strong res is around

14.40 levels. A close above can take it till

14.80$ - 15$.

Overall looks bullish.

Silver prices stayed upwards after a break of 22730.

Prices seems bullish above this level. Prices having

res of psychological level of 23000 and could test

more highs till 23400 - 23500 in coming days.

Sup seen at 22730 - 22500.

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