Comex Report by www.epicresearch.co- 4th March 2013

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indore, India (prHWY.com) March 4, 2013 - NEWS RADAR
Gold futures ended lower Thursday, locking in their worst monthly declines since May, as U.S. equities neared an all-time record and the dollar strengthened. The most actively traded contract, for April delivery, fell $17.60, or 1.1%, to settle at $1,578.10 a troy ounce on the Comex division of the New York Mercantile Exchange. Gold gave up 4.5% over the month of February, the fifth straight month of losses and the worst monthly decline since prices slumped 6.1% in May 2012."Gold sellers (were) suffering for the past five months as the stock market drew money away," said George Gero, senior vice president at RBC Capital Markets Global Futures. This shift away from gold and toward equities was especially clear Thursday, as the Dow Jones Industrial Average advanced above the psychologically important 14,000 level. The DJIA was recently up 0.5% at 14,145.
TRADING TIP :
 SELL GOLD
AROUND 1572
TGS 1566/1560
SL 1578
 SELL SILVER
AROUND 28.25
TGS 28.05/27.85
SL 28.45
 SELL COPPER
AROUND 3.4850
TGS 3.4650/3.4450
SL 3.5050
 SELL CRUDE
BELOW 91.25
TGS 91.05/90.85
SL 91.45
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
1582 1576 1594 1600
GOLD LOOKS BEARISH SELL AROUND 1572.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1566.00 LEVEL AND MAINTAINING SL OF 1578.00
SILVER HOURLY CHART
S1 S2 R1 R2
27.80 27.60 28.20 28.40
SILVER LOOKS BEARISH SELL AROUND 28.25 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 28.05 LEVEL AND MAINTAINING SL OF 28.45
COPPER HOURLY CHART
S1 S2 R1 R2
3.5440 3.5240 3.5840 3.6040
COPPER LOOKS BEARISH SELL BELOW 3.4850 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.4650 LEVEL AND MAINTAINING SL OF 3.5050
CRUDE OIL HOURLY CHART
S1 S2 R1 R2
90.93 90.73 91.23 91.43
CRUDE LOOKS BEARISH SELL AROUND 91.25 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 91.05 LEVEL AND MAINTAINING SL OF 91.45
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