Weekly comex analysis report by epic research 7 april to 11 april 2014

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WEEKLY COMEX COMMODITY REPORT 07th APRIL-2014 TO 12th APRIL-2014

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WEEKLY MARKET OUTLOOK 07th APRIL-2014 TO 12th APRIL-2014

PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

COMEX GOLD

USD/T OZ.

1303.70

8.00

0.62%

JUNE-14

GOLD SPOT

USD/T OZ.

1302.96

8.35

0.64%

N/A

COMEX SILVER

USD/T OZ.

19.95

0.13

0.66%

MAY-14

SILVER SPOT

USD/T OZ.

19.92

0.12

0.61%

N/A

COMEX COPPER

USD/LB.

3.0230

-0.0170

-0.56%

MAY-14

PALTINUM SPOT

USD/T OZ.

1446.08

38.97

2.77%

N/A

ENERGY COMMODITY FUTURES COMMODITY

UNITS

PRICE

CHANGE

% CHANGE

CONTRACT

CRUDE OIL(WTI)

USD/BBL.

101.11

-0.49

-0.48%

MAY-14

CRUDE OIL(BRENT)

USD/BBL.

106.64

-1.39

-1.29%

MAY-14

NY. NATURAL GAS

USD/MMBTU

4.421

-0.061

-1.36%

MAY-14

NY. HEATING OIL

USD/GAL.

290.76

-4.02

-1.36%

MAY-14

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WEEKLY SUPPORT & RESISTANCE 07th APRIL-2014 TO 12th APRIL-2014

COMMODITY

SUPPORT-2

SUPPORT-1

PIVOT

RESISTANCE-1

RESISTANCE-2

GOLD(APR-14)

1267.37

1285.53

1296.27

1314.43

1325.17

SILVER(MAY-14)

19.34

19.65

19.93

20.24

20.52

WTICRUDEOIL(APR-14)

97.56

99.33

100.65

102.42

103.74

NATURALGAS(APR-14)

4.112

4.267

4.376

4.531

4.640

COPPER(MAY-14)

2.9703

2.9967

3.0353

3.0617

3.1003

LME BASE METALS 3rd MONTH CONTRACT

LME WAREHOUSE STOCKS (INVENTORY)

METALS

PRICE ( $/MT )

CHANGE

% CHANGE

METALS

INVENTORY CHANGE (MT)

ALUMINIUM

1845.00

93.00

5.31%

ALUMINIUM

-4350

COPPER

6681.00

27.00

0.41%

COPPER

-2325

LEAD

2062.00

-18.00

-0.87%

LEAD

375

ZINC

2002.50

13.00

0.65%

ZINC

-3000

NICKEL

16575.00

770.00

4.87%

NICKEL

-990

TIN

23105.00

155.00

0.68%

TIN

UNCHANGED

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EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th APRIL-2014

GOLD-COMEX DAILY CANDLESTICK CHART

TRADING STRATEGY : GOLD-COMEX has closed @ 1302.96. If it sustain above the level of 1307, it can touch the level of 1318 & 1334 respectively. If it breaks the level of 1283, it can touch the level of 1271 & 1255 respectively. BUY GOLD-COMEX ABOVE 1307 TGTS 1318, 1334 SL 1287. SELL GOLD-COMEX BELOW 1283 TGTS 1271, 1255 SL 1303.

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EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th APRIL-2014

SILVER-COMEX DAILY CANDLESTICK CHART

TRADING STRATEGY : SILVER-COMEX has closed @ 19.92. If it breaks the level of 19.72, it can touch the level of 19.47 & 19.16 respectively. If it sustain above the level of 20.13, it can touch the level of 20.38 & 20.71 respectively. SELL SILVER-COMEX BELOW 19.72 TGTS 19.47, 19.16 SL 20.11. BUY SILVER-COMEX ABOVE 20.13 TGTS 20.38, 20.71 SL 19.74.

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EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th APRIL-2014

WTICRUDEOIL-NYMEX DAILY CANDLESTICK CHART

TRADING STRATEGY : WTICRUDEOIL-NYMEX has closed @ 101.09. If it sustain above the level of 101.25, it can touch the level of 101.95 & 102.87 respectively. If it breaks the level of 100.30, it can touch the level of 99.63 & 98.75 respectively. BUY WTICRUDEOIL-NYMEX ABOVE 101.25 TGTS 101.95, 102.87 SL 100.40. SELL WTICRUDEOIL-NYMEX BELOW 100.30 TGTS 99.63, 98.75 SL 101.15.

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EPIC WEEKLY TOP PICKS 07th APRIL-2014 TO 12th APRIL-2014

COPPER-COMEX DAILY CANDLESTICK CHART

TRADING STRATEGY : COPPER-COMEX has closed @ 3.0195. If it breaks the level of 3.0058, it can touch the level of 2.9858 & 2.9619 respectively. If it sustain above the level of 3.0510, it can touch the level of 3.0709 & 3.0949 respectively. SELL COPPER-COMEX BELOW 3.0058 TGTS 2.9858, 2.9619 SL 3.0278. BUY COPPER-COMEX ABOVE 3.0510 TGTS 3.0709, 3.0949 SL 3.0290.

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