Comex Report by www.epicresearch.co- 25th February 2013

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indore, India (prHWY.com) February 25, 2013 - NEWS RADAR
Gold futures prices are lower and hit a fresh 8.5-month low in early U.S. trading Thursday. Follow-through technical selling pressure and more weak-long liquidation are featured. The stronger U.S. dollar index is also a major bearish factor for the precious metals markets. April Comex gold last traded down $6.60 at $1,571.50 an ounce. Spot gold was last quoted up $8.60 at $1,573.50. March Comex silver last traded up $0.018 at $28.62 an ounce.Traders are still digesting the release Wednesday afternoon of the Federal Reserve's Open Market Committee minutes from early January. Those minutes said U.S. economic conditions are improving to the point that some FOMC members think its massive asset- purchasing program (quantitative easing) may have to be changed soon. The FOMC will further address the issue at its next meeting in March.."
TRADING TIP :
 SELL GOLD
AROUND 1578
TGS 1572/1566
SL 1584
 SELL SILVER
AROUND 28.75
TGS 28.45/28.15
SL 29.05
 SELL COPPER
AROUND 3.5600
TGS 3.5400/3.5200
SL 3.5800
 SELL CRUDE
BELOW 92.85
TGS 92.45/92.05
SL 93.25
EXPERT OPINION
* GOLD LOOKS BEARISH
* SILVER LOOKS BEARISH
* CRUDE OIL LOOKS BEARISH
* COPPER LOOKS BEARISH
* NGAS LOOKS BEARISH
* LEAD LOOKS BEARISH
* NICKEL LOOKS BEARISH
* ALUMINIUM LOOKS BEARSIH
* ZINC LOOKS BEARISH
GOLD HOURLY CHART
S1 S2 R1 R2
1574 1568 1586 1592
GOLD LOOKS BULLISH BUY AROUND 1578.50LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1572.50 LEVEL AND MAINTAINING SL OF 1584.50
SILVER HOURLY CHART
S1 S2 R1 R2
28.50 28.20 29.10 29.40
SILVER LOOKS BULLISH BUY AROUND 28.75 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 28.45 LEVEL AND MAINTAINING SL OF 29.05
COPPER HOURLY CHART
S1 S2 R1 R2
3.5400 3.5200 3.5800 3.6000
COPPER LOOKS BEARISH SELL BELOW 3.5500 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.5300 LEVEL AND MAINTAINING SL OF 3.5700
CRUDE OIL HOURLY CHART
S1 S2 R1 R2
94.10 93.70 94.80 95.20
CRUDE LOOKS BEARISH SELL AROUND 92.85 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 92.45 LEVEL AND MAINTAINING SL OF 93.25

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