Daily Commodity Report by www.epicresearch.co 16th AUGUST 2013

GOLD MCX HOURLY CHART & LEVELS
GOLD MCX is trading sideways and intermediate trend is up. Trading between range 28800-27200. USDINR is also USDINR trading near to all time highs so keep a close
watch on currency movements before taking any long or short Position.
Immedaite Resistance @29000 and Support @27700
1. Sell GOLD MCX Below 27650 TGT 27550/27450 SL 27750
2. Buy GOLD MCX Above 28920 TGT 29000/29100 SL 28820

SILVER MCX HOURLY CHART 7 LEVELS
SILVER MCX is trading nearresistance levels in international markets and any breakout would be a good buying opportunity. Keep A close watch on USDINR movements
while initiating any fresh position. Immediate Resistance @46700 and Support @45800
1. Sell SILVER MCX BeLow 45800 TGT 45500/45200 SL 46100
2. Buy SILVER MCX above 46700 TGT 47000/47300 SL 46400

CRUDEOIL MCX HOURLY CHART & LEVELS

CRUDEOIL MCX has faced some correction last week trading near to support levels and if sustians above support levels it may be best buying opportunity.
Immediate Resistance @6415 And Support @6190
1. Buy CRUDEOIL MCX above 6580 TGT 6620/6700 SL 6500
2. Sell CRUDEOIL MCX below 6450 TGT 6350/6250 SL 6500

COPPER COMEX DAILY CANDLESTICK CHART
COPPER MCX is seen a bull run in international markets and is trading in uptrend. Can head towards higher levels. Any correction would be buying opportunity.
Immediate Resistance @451 and Support @446
1. Sell COPPER MCX Below 445 TGT 442/438 SL 448
2. Buy COPPER MCX Above 451 TGT 454/459 SL 448

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