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Wednesday, September 30, 2009

CLOSING COMMENTARY FOR SEPT 30 WEDNESDAY

Silver dollar prices went up from strong sup of

around 16.10$. Prices looks positive above the res of

16.60$. Prices could test 17.10$ - 17.50$ if sustains

above the res levels. Only a close below 16.10$ could

be negative.

Silver prices in MCX went up from the strong sup of

around 26000. Prices have strong res of around 26350

- 26500. If breaks and sustains this level could test

26800 - 27000 again. Overall looks could be positive.

Only a close below 25800 could be negative.

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