DAILY-COMEX-REPORT BY EPIC RESEARCH 4 FEB 2013

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DAILY-COMEX-REPORT BY EPIC RESEARCH 4 FEB 2013 Powered By Docstoc
					COMEX
    REPORT



  REPORT
    4 FEBRUARY 2013
     tH
              NEWS RADAR
Gold futures climbed about $10 after the release of US non-farm payroll
data that came in mostly in line with expectations, while the country's
unemployment rate ticked slightly higher.Gold for April delivery on the
Comex division of the New York Mercantile Exchange was last up
$11.16 at $1,673.60 per ounce. The yellow metal hit a session high of
$1,675.90 minutes after the jobs report was disseminated.The US
Department of Labor said that non-farm payrolls rose a seasonally
adjusted 157,000 in January, down from 196,000 in the preceding
month, whose figure was revised up from 155,000. The January number
came in slightly below the forecast 161,000. Gold futures climbed about
$10 after the release of US non-farm payroll data that came in mostly in
line with expectations, while the country's unemployment rate ticked
slightly higher.


     TRADING TIPS                             EXPERT OPINION
                                           GOLD LOOKS BEARISH
   SELL GOLD BELOW 1666                   SILVER LOOKS BEARISH
     TGS 1660/1654 SL 1672                 CRUDE LOOKS BEARISH

   SELL SILVER ABOVE 31.50                  COPPER LOOKS BULLISH
     TGS 31.25/31.00 SL 31.75              NGAS LOOKS BEARISH
   BUY COPPER BELOW 3.7750                LEAD LOOKS BULLISH
     TGS 3.7950/3.8150 SL                  NICKEL LOOKS BULLISH
     3.7550                                ALUMINIUM LOOKS BULLISH
   SELL CRUDE BELOW 97.40                 ZINC LOOKS BULLISH
     TGS 97.20/97.00 SL 97.60
          GOLD HOURLY CHART




S1            S2             R1             R2
1661         1654           1674           1681


        GOLD LOOKS BEARISH BUY AROUND 1666.00
       LEVEL IS SUGGESTED AND RECOMMENDED TO
          BOOK PROFIT NEAR 1660.00 LEVEL AND
                MAINTAINING SL OF 1672.00
             SILVER HOURLY CHART




 S1                S2              R1              R2
31.50            31.20           32.10           32.40




        SILVER LOOKS BEARISH SELL AROUND 31.50 LEVEL
          IS SUGGESTED AND RECOMMENDED TO BOOK
         PROFIT NEAR 31.25 LEVEL AND MAINTAINING SL
                           OF 31.75
         COPPER HOURLY CHART




 S1           S2              R1             R2
3.7465      3.7060          3.7865         3.8065



         COPPER LOOKS BULLISH ,BUY AROUND 3.7750
         LEVEL IS SUGGESTED AND RECOMMENDED TO
            BOOK PROFIT NEAR 3.7950 LEVEL AND
                   MAINTAINING SL OF 3.7550
        CRUDE OIL HOURLY CHART




 S1           S2              R1             R2
97.20        96.80           98.00          98.40


         CRUDE LOOKS BEARISH ,SELL AROUND 97.40
        LEVEL IS SUGGESTED AND RECOMMENDED TO
            BOOK PROFIT NEAR 97.20 LEVEL AND
                  MAINTAINING SL OF 97.60
                       MARKET STATISTICS

                 OPEN          HIGH               LOW              CLOSE
  GOLD          1663.44       1681.89            1659.79          1667.58

 SILVER             31.42      32.13              31.27            31.80
 CRUDE              97.40      98.11              96.50            97.62

 COPPER          3.7275       3.7758              3.7105           3.7675

  NGAS              3.323      3.382              3.274            3.292

ALUMINIUM       2095.10       2123.38            2084.38          2123.38

  LEAD          2434.50       2466.75            2421.00          2460.75
 NICKEL         18322.00     18641.50            18290.00         18629.00




                     ECONOMIC CALENDAR



 DATE       CURRENCY                                        FORECAST   PREVIOUS

 Feb 4        GBP            Construction PMI                                48.7

 Feb 4        USD           Factory Orders m/m                               0.0%
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