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COMEX REPORT REPORT 3 APRIL 2013 rd 8 NEWS RADAR Gold ticked lower on Friday, on track to end the quarter with a loss of nearly 5 percent, as the euro stayed weak and a rally in equities boosted appetite for riskier assets.Shares edged up in Asia and the precious metal's safe-haven appeal waned after banks in debt-ridden Cyprus reopened on Thursday without causing a massive run on deposits despite a controversial bailout that taxed large depositors. Worries about the fiscal stability of the euro zone had sent gold prices to a 1-month high last week. Gold fell $1.18 an ounce to $1,594.99 by 0332 GMT in extremely thin trade as many markets in Asia were closed for Good Friday. TRADING TIPS EXPERT OPINION SELL GOLD BELOW 1596 TGS GOLD LOOKS BEARISH 1590/1584 SL 1602 SILVER LOOKS BEARISH SELL SILVER BELOW 27.90 CRUDE OIL LOOKS BEARISH TGS 27.70/27.50 SL 28.10 COPPER LOOKS BEARISH SELL COPPER BELOW 3.3530 NGAS LOOKS BEARISH TGS 3.3330/3.3130 SL LEAD LOOKS BEARISH 3.3730 NICKEL LOOKS BEARISH SELL CRUDE AROUND 96.60 ALUMINIUM LOOKS BEARSIH TGS 96.40/96.20 SL 96.80 ZINC LOOKS BEARISH GOLD HOURLY CHART S1 S2 R1 R2 1590 1584 1602 1608 GOLD LOOKS BEARISH SELL AROUND 1596.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1590.00 LEVEL AND MAINTAINING SL OF 1602.00 SILVER HOURLY CHART S1 S2 R1 R2 27.80 27.60 28.20 28.40 SILVER LOOKS BEARISH SELL AROUND 27.90 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 27.70 LEVEL AND MAINTAINING SL OF 28.10 COPPER HOURLY CHART S1 S2 R1 R2 3.3400 3.3200 3.3800 3.4000 COPPER LOOKS BEARISH SELL AROUND 3.3530 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.3330 LEVEL AND MAINTAINING SL OF 3.3730 0 CRUDE OIL HOURLY CHART S1 S2 R1 R2 96.70 96.50 97.10 97.30 CRUDE LOOKS BEARISH SELL AROUND 96.60 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 96.40 LEVEL AND MAINTAINING SL OF 96.80 MARKET STATISTICS OPEN HIGH LOW CLOSE GOLD 1597.32 1600.30 1594.56 1598.75 SILVER 28.22 28.36 27.84 28.01 CRUDE 97.34 97.69 95.91 96.95 COPPER 3.3923 3.3943 3.3313 3.3633 NGAS 3.964 4.039 3.930 4.025 ALUMINIUM 1923.63 1926.38 1900.13 1901.88 LEAD 2128.75 2143.13 2092.75 2100.38 NICKEL 16857.50 16888.50 16580.00 16702.50 ECONOMIC CALENDAR DATE CURRENCY FORECAST PREVIOUS Apr 3 USD ADP Non-Farm Employment Change 203K 198K Apr 3 USD ISM Non-Manufacturing PMI 55.9 56.0 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
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