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Thursday, October 22, 2009

CLOSING COMMENTARY FOR OCT 22 THURSDAY

Silver prices trading range bound between 17.30$ -

17.80$. Prices trading slight below the sup of

17.50$ and prices need to close below 17.30$ or

above 17.80$ to have further movemnt.

No big movemnt is seen.

Silver prices trading range bound between 27000 -

27500. No clear trend seen in silver prices. Either

break and close could decide further trend. Overall

range bound market and less participation.

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