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Tuesday, September 15, 2009

CLOSING COMMENTARY FOR SEPT 15 TUESDAY

Silver dollar again went up creating highly range

bound between 16.50$ - 17 $. Prices have strong res

of 17$ and a break and close could be more positive.

But as some indicators seems negative or correction

mixed trend seems at higer levels. Trade cautious .

Silver prices trading range bound between 26500 - 27000

levels. No strong confirmation yet. A close above 27200

levels could be more positive till 27500 - 28000 as per

technical levels. Overall range bound seen and mixed

indicators seen in silver. Wait for confirmation.

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