Daily Commodity Report by www.epicresearch.co 19th AUGUST 2013

1. Buy GOLD MCX above 31050 TGTS 31150/31250 SL 30950 2. SELL GOLD MCX below 30500 TGTS 30400/30300 SL 30600

ListFree.org (Press Release) - Monday, August 19th, 2013

GOLD MCX HOURLY CHART & LEVELS
TRADING STRATEGY:
GOLD MCX Is in bull run and can touch higher levels if USDINR touches higher levels.
Immediate Support @30970 Immediate Resistance @30550 (Refer to the chart above)
Follow the starategy suggested below:
1. Buy GOLD MCX above 31050 TGTS 31150/31250 SL 30950
2. SELL GOLD MCX below 30500 TGTS 30400/30300 SL 30600

SILVER MCX HOURLY CHART 7 LEVELS
SILVER MCX is bullish trend Till. Buy on dips startegy is recommended.
Immediate Support 50350 and Immediate Resistance @51600 (Refer to the chart above)
Follow the starategy suggested below:
1. Buy SILVER MCX above 51700 TGT 52000/52300 SL 51400
2. Sell SILVER MCX Below 50200 TGT 49900/49600 SL 50500

CRUDEOIL MCX HOURLY CHART & LEVELS

CRUDEOIL MCX is trading in uptrend and these seems to some correction pending in long term up trend. Hence any break down will be selling opportunity
Immediate Support @6500 and Immediate Resistance @6775 (Refer to the chart above)
Follow the starategy suggested below:
1. Sell CRUDEOIL MCX below 6500 TGT 6450/6400 SL 6550
2. Buy CRUDEOIL MCX above 6800 TGT 6850/6900 SL 6750

COPPER COMEX DAILY CANDLESTICK CHART
COPPER MCX is trading in up trend and is trading at all time highs. And if breaks 467 can approch higher levels
Immediate Support 463 and Immediate Resistance @468 (Refer to the chart above)
Follow the starategy suggested below:
1. Sell COPPER MCX below 462 TGT 459/455 SL 466
2. Buy COPPER MCX above 468 TGT 472/475 SL 465

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