Weekly comex analysis report by epic research 21 april to 25 april 2014

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WEEKLY COMEX COMMODITY REPORT 21st APRIL-2014 TO 26th APRIL-2014

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WEEKLY MARKET OUTLOOK 21st APRIL-2014 TO 26th APRIL-2014

PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX GOLD

USD/T OZ.

1294.90

-23.70

-1.80%

JUNE-14

GOLD SPOT

USD/T OZ.

1294.94

-22.94

-1.74%

N/A

COMEX SILVER

USD/T OZ.

19.64

-0.35

-1.75%

MAY-14

SILVER SPOT

USD/T OZ.

19.62

-0.35

1.75%

N/A

COMEX COPPER

USD/LB.

3.0490

0.0080

0.26%

MAY-14

PALTINUM SPOT

USD/T OZ.

1410.75

-44.64

-3.07%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

CRUDE OIL(WTI)

USD/BBL.

104.58

1.19

1.15%

MAY-14

CRUDE OIL(BRENT)

USD/BBL.

109.69

2.50

2.33%

JUNE-14

NY. NATURAL GAS

USD/MMBTU

4.736

0.113

2.44%

MAY-14

NY. HEATING OIL

USD/GAL.

300.97

7.94

2.71%

MAY-14

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WEEKLY SUPPORT & RESISTANCE 21st APRIL-2014 TO 26th APRIL-2014

COMMODITY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

GOLD(JUNE-14)

1263.57

1279.23

1305.27

1320.93

1346.97

SILVER(MAY-14)

18.75

19.20

19.66

20.11

20.57

WTICRUDEOIL(MAY-14)

102.15

103.36

104.17

105.38

106.19

NATURALGAS(MAY-14)

4.398

4.567

4.656

4.825

4.914

COPPER(MAY-14)

2.9297

2.9893

3.0257

3.0853

3.1217

LME BASE METALS OFFICIAL CASH PRICES ( $/MT )

LME WAREHOUSE STOCKS (INVENTORY)

METALS

PRICE ( $/MT )

CHANGE

% CHANGE

METALS

INVENTORY CHANGE (MT)

ALUMINIUM

1837.00

-3.50

-0.19%

ALUMINIUM

-8150

COPPER

6631.00

-55.00

-0.82%

COPPER

UNCHANGED

LEAD

2121.00

16.50

0.78%

LEAD

-1675

ZINC

2057.50

20.50

1.01%

ZINC

-3150

NICKEL

17985.00

590.00

3.39%

NICKEL

186

TIN

23320.00

-265.00

-1.12%

TIN

-15

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EPIC WEEKLY TOP PICKS 21st APRIL-2014 TO 26th APRIL-2014

GOLD-COMEX DAILY CANDLESTICK CHART

TRADING STRATEGY : GOLD-COMEX has closed @ 1294.94. If it breaks the level of 1288, it can touch the level of 1276 & 1264 respectively. If it sustain above the level of 1317, it can touch the level of 1329 & 1341 respectively. SELL GOLD-COMEX BELOW 1288 TGTS 1276, 1264 SL 1308. BUY GOLD-COMEX ABOVE 1317 TGTS 1329, 1341 SL 1297.

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EPIC WEEKLY TOP PICKS 21st APRIL-2014 TO 26th APRIL-2014

SILVER-COMEX DAILY CANDLESTICK CHART

TRADING STRATEGY : SILVER-COMEX has closed @ 19.62. If it breaks the level of 19.50, it can touch the level of 19.25 & 19.00 respectively. If it sustain above the level of 19.99, it can touch the level of 20.24 & 20.49 respectively. SELL SILVER-COMEX BELOW 19.50 TGTS 19.25, 19.00 SL 19.85. BUY SILVER-COMEX ABOVE 19.99 TGTS 20.24, 20.49 SL 19.64.

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EPIC WEEKLY TOP PICKS 21st APRIL-2014 TO 26th APRIL-2014

BRENT-CRUDEOIL DAILY CANDLESTICK CHART

TRADING STRATEGY : BRENT-CRUDEOIL has closed @ 109.66. If it sustain above the level of 110.00, it can touch the level of 111.01 & 112.16 respectively. If it breaks the level of 108.82, it can touch the level of 107.82 & 106.60 respectively. BUY BRENT-CRUDEOIL ABOVE 110.00 TGTS 111.01, 112.16 SL 108.80. SELL BRENT-CRUDEOIL BELOW 108.82 TGTS 107.82, 106.60 SL 110.02.

YOUR MINTVISORY

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EPIC WEEKLY TOP PICKS 21st APRIL-2014 TO 26th APRIL-2014

COPPER-COMEX DAILY CANDLESTICK CHART

TRADING STRATEGY : COPPER-COMEX has closed @ 3.0420. If it sustain above the level of 3.0531, it can touch the level of 3.0731 & 3.0986 respectively. If it breaks the level of 2.9898, it can touch the level of 2.9695 & 2.9450 respectively. BUY COPPER-COMEX ABOVE 3.0531 TGTS 3.0731, 3.0986 SL 3.0311. SELL COPPER-COMEX BELOW 2.9898 TGTS 2.9695, 2.9450 SL 3.0118.

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