Daily Commodity Report by www.epicresearch.co 01st AUGUST 2013

1. Sell GOLD MCX Below 28900 TGT 27800/27700 SL 28000 2. Buy GOLD MCX Above 28150 TGT 28250/28350 SL 28050

ListFree.org (Press Release) - Thursday, August 1st, 2013

GOLD MCX HOURLY CHART & LEVELS
GOLD MCX oct contract is trading in bull trend and Aug Contract is on Discount. Expiry of August contract is near and GOLD may be Too volatile due to USDINR
movements. Trading near to stiff resistance levels @29085-29000 and may be selling opportunity. Avoid over trading.
Immedaite Resistance @29085 and Support @28775
1. Sell GOLD MCX Below 28900 TGT 27800/27700 SL 28000
2. Buy GOLD MCX Above 28150 TGT 28250/28350 SL 28050

SILVER MCX HOURLY CHART 7 LEVELS
SILVER MCX in a technical consolidation pattern and looks week as compaired with GOLD MCX. No major buying intrest has been seen in SILVER MCX.
Immediate Resistance @42500 and Support @40600
1. Buy SILVER MCX above 41700 TGT 42000/42300 SL 41300
2. Sell SILVER MCX below 40750 TGT 40550/40250 SL 41000

CRUDEOIL MCX HOURLY CHART & LEVELS

CRUDEOIL MCX has shown roundig bottom pattern. NYMEX CRUDEOIL has faced correction but due to USDINR movements Correction is pending in CRUDEOIL MCX.
Initiate any fresh position after USDINR movements get stable.
Immediate Resistance @6345 And Support @6265
1. Buy CRUDEOIL MCX above 6485 TGT 6550/6600 SL 6435
2. Sell CRUDEOIL MCX below 6350 TGT 6400/6450 SL 6300

COPPER COMEX DAILY CANDLESTICK CHART
COPPER MCX is trading is sideways trend and is facing stiff resistance around 426-424 levels. RSI looks oversold and some bounce back is expected but If sustians below
403 can head towards 392. Due to USDINR movemnts COPPER is not trading according to international markets and Avoid trading till Currency movemets gets Stable.
Immediate Resistance @424 and Support @403
1. Buy COPPER MCX above 423 TGT 426/434 SL 420
2. Sell COPPER MCX below 418 TGT 415/412 SL 421

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