Comex Report by www.epicresearch.co- 8th March 2013

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indore, India (prHWY.com) March 8, 2013 - NEWS RADAR
Gold futures were flat Wednesday, capping a third session of mostly sideways trading after a set of mixed readings on the U.S. economy left investors reluctant to place large bets on the metal. The most actively traded gold contract, for April delivery, settled unchanged at $1,574.90 a troy ounce on the Comex division of the New York Mercantile Exchange. Futures on Wednesday shuffled between gains and losses, with traders reacting to the most-recent reading on the U.S. economy. Gold held losses early on Wednesday following a better-than-expected gauge of U.S. private-sector hiring in February. Futures later erased their declines and pushed into positive territory following data showing U.S. factory orders slowed in January."Gold hasn't been able to hold any of its gains for the past few days," said Bob Haberkorn, a senior commodities broker with RJO Futures.
TRADING TIP :
BUY GOLD
AROUND 1571
TGS 1577/1583
SL 1565
BUY SILVER
AROUND 28.50
TGS 28.70/28.90
SL 28.30
 SELL COPPER
AROUND 3.4850
TGS 3.4650/3.4450
SL 3.5050
 SELL CRUDE
BELOW 91.20
TGS 91.00/90.80
SL 91.40
EXPERT OPINION
* GOLD LOOKS BULLISH
* SILVER LOOKS BULLISH
* 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
1573 1567 1585 1591
GOLD LOOKS BULLISH BUY AROUND 1571.00LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1577.00 LEVEL AND MAINTAINING SL OF 1565.00
SILVER HOURLY CHART
S1 S2 R1 R2
28.70 28.50 29.10 29.30
SILVER LOOKS BULLSIH BUY AROUND 28.50 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 28.70 LEVEL AND MAINTAINING SLOF28.30
COPPER HOURLY CHART
S1 S2 R1 R2
3.4635 3.4415 3.4475 3.4495
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
90.50 90.30 90.90 91.10
CRUDE LOOKS BEARISH SELL AROUND 91.20 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 91.00 LEVEL AND MAINTAINING SL OF 90.80

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