MONEY CLASSIC RESEARCH COMMODITY DAILY REPORT 20-04-2015
METALS & ENERGY UPDATE
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COMMODITY DAILY REPORT 20-04-2015
DAILY MARKET WRAPUP:
COMMODITY
OPEN
HIGH
LOW
CLOSE
SILVER
36428
36890
36369
36455
GOLD
26617
26840
26617
26812
CRUDEOIL
3536
3554
3481
3494
164.60 138.15 126.40 113.95
164.90 138.55 127.15 114.35
386.80
381.55
384.00
801.90
786.10
787.10
NETURALGAS 167.30 168.30 ZINC 138.70 139.75 LEAD 127.45 128.20 ALLUMINIUM 114.25 115.40 COPPER NICKEL
382.50 796.00
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COMMODITY DAILY REPORT 20-04-2015
COMMODITY NEWS: Gold future higher after weak us data. Gold future rose by 0.63% to 26812 on Friday.As Thursday's disappointing U.S. data sparked fresh uncertainty over the timing of a rate hike by the Federal Reserve and continued to weigh on demand for the dollar. At the Multi Commodity Exchange, Gold June delivery rose by Rs 167, or 0.63%, to Rs 26,812 per 10 grams on Friday. Copper future gain 0.26% on spot demand .Copper future rose Rs 1.00 to Rs 384 per kg on Friday. After increase domestic demand. At the Multi Commodity exchange, Zinc for delivery in May up by 1.65 Rs, or 1.20%, to Rs 139.20 per kg. Crude oil future down on profit booking. Crude Oil Apr fall by 1.83% or 65 Rs to Rs 3494. Crude oil for April delivery was down after starting profit booking on high, and US Prelim Uom Consumer Sentiment data also pressurised the Crude oil prices. The data was positive for dollar. At the New York Mercantile Exchange, Crude Oil April delivery traded at USD56.06 a barrel on Friday.
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COMMODITY DAILY REPORT 20-04-2015 GOLD TECHNICAL UPDATE MCX GOLD JUNE2015
Researcher View:The above Daily chart of Gold suggest that prices have reversed after taking support level. RSI is in a Buy mode. We expect prices to correct up to levels of 27000 .
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COMMODITY DAILY REPORT 20-04-2015 SILVER TECHNICAL UPDATE
MCX SILVER MAY2015
Researcher View:The above Daily chart of Silver suggest that prices have reversed after taking support level. RSI is in a Buy mode. We expect prices to correct up to levels of 36850.
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COMMODITY DAILY REPORT 20-04-2015 CRUDEOIL TECHNICAL UPDATE
MCX CRUDEOIL APR2015
Researcher View:The above Daily chart of Crude oil suggest that prices have reversed after taking resistance level. RSI is in a Sell mode. We expect prices to correct up to levels of 3350.
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COMMODITY DAILY REPORT 20-04-2015
DISCLAIMER • The information contained here was gathered from sources deemed reliable however; no claim is made as to accuracy or content. This does not contain specific recommendations to buy or sell at particular prices or time, nor should any examples presented be deemed as such. There is a risk of loss in commodity trading and you should carefully consider your financial position before making a trade. This is not, nor is it intended, to be a complete study of chart patterns or technical analysis and should not be deemed as such. Money Classic Investment Advisors does not guarantee that such information is accurate or complete and it should not be relied upon as such. Any opinions expressed reflect judgments at this date and are subject to change without notice. For use at the sole discretion of the investor without any liability on Money Classic Investment Advisors. • MONEY CLASSIC INVESTMENT ADVISORS • WEBSITE- WWW.MONEYCLASSIC RESEARCH.COM • EMAIL- INFO@MONEYCLASSICRESEARCH.COM • CONTACT NO. - (M) 9039777700, (0)0731-4094475
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