Comex Report by www.epicresearch.co- 11th March 2013

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indore, India (prHWY.com) March 11, 2013 - NEWS RADAR
Gold futures shuffled sideways for a fourth consecutive session on Thursday, with investors content to stick to the sidelines ahead of Friday's closely watched reading on U.S. unemployment.Gold for April delivery, the most actively traded contract, rose 20 cents to settle at $1,575.10 a troy ounce on the Comex division of the New York Mercantile Exchange. Futures on Wednesday had settled unchanged."Gold has not been able to catch a break of late," TD Securities head of commodity strategy Bart Melek said in a note. "Investors will need to see some evidence that the U.S. momentum is slowing" for gold to rally much from here, Mr. Melek said.Gold, bought by some investors as a safe haven, has struggled this year amid signs of a steadying U.S. economic recovery and as equities climbed to multiyear highs. Through Thursday, gold futures were down 6% in 2013.
TRADING TIP :
 SELL GOLD
AROUND 1576
TGS 1570/1564
SL 1582
 SELL SILVER
AROUND 28.85
TGS 28.65/28.45
SL 29.05
 SELL COPPER
AROUND 3.4970
TGS 3.4770/3.4570
SL 3.5170
 BUY CRUDE
AROUND 91.20
TGS 91.40/91.60
SL 91.00
EXPERT OPINION
* GOLD LOOKS BEARISH
* SILVER LOOKS BEARISH
* CRUDE OIL LOOKS BULLISH
* COPPER LOOKS BEARISH
* NGAS LOOKS BULLISH
* LEAD LOOKS BEARISH
* NICKEL LOOKS BEARISH
* ALUMINIUM LOOKS BEARSIH
* ZINC LOOKS BEARISH
GOLD HOURLY CHART
S1 S2 R1 R2
1572 1566 1584 1590
GOLD LOOKS BEARISH SELL AROUND 1576.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1570.00 LEVEL AND MAINTAINING SL OF 1564.00
SILVER HOURLY CHART
S1 S2 R1 R2
28.60 28.40 29.00 29.20
SILVER LOOKS BEARISH SELL AROUND 28.85 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 28.65 LEVEL AND MAINTAINING SL OF 29.05
COPPER HOURLY CHART
S1 S2 R1 R2
3.4650 3.4450 3.5000 3.5200
COPPER LOOKS BEARISH SELL BELOW 3.4970 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.4770 LEVEL AND MAINTAINING SL OF 3.5170
CRUDE OIL HOURLY CHART
S1 S2 R1 R2
91.30 91.10 91.70 92.10
CRUDE LOOKS BULLISH BUY AROUND 91.20 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 91.40 LEVEL AND MAINTAINING SL OF 91.00
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