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Daily comex research report by epic research for 18 july 2014
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Daily comex research report by epic research for 18 july 2014

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Epic Research Private Limited is the advisory firm awarded with the Service Excellence Award. We are delivering services in providing consultation regarding Capital Stock Market of India and other …

Epic Research Private Limited is the advisory firm awarded with the Service Excellence Award. We are delivering services in providing consultation regarding Capital Stock Market of India and other global markets.

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  • 1. Our Presence Epic Research India HNI & NRI Sales Contact USA Toll Free Number 411 Milinda Manor (Suites 409-425) 2117 Arbor Vista Dr. Charlotte (NC) 1-800-200-9454 2 RNT Marg. Opp Central Mall Cell: +1 704 249 2315 All queries should be directed to Indore (M.P.) Info@epicresearch.co Hotline: +91 731 6642300 HNI & NRI Sales Contact Australia Or give us a missed call at Mintara Road, Tarneit, Victoria, Post Code 3029 026 5309 0639 Phone: +61 422 063855 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY COMEX COMMODITY REPORT 18th JULY-2014
  • 2. PRECIOUS METALS AND INDUSTRIAL METALS COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT COMEX GOLD USD/T OZ. 1316.90 17.10 1.32% AUG-14 GOLD SPOT USD/T OZ. 1318.81 19.83 1.53% N/A COMEX SILVER USD/T OZ. 21.23 0.44 2.12% SEP-14 SILVER SPOT USD/T OZ. 21.14 0.39 1.88% N/A COMEX COPPER USD/LB. 3.2160 0.0030 0.09% SEP-14 PALTINUM SPOT USD/T OZ. 1500.00 19.25 1.30% N/A ENERGY COMMODITY FUTURES COMMODITY UNITS PRICE CHANGE % CHANGE CONTRACT CRUDE OIL(WTI) USD/BBL. 103.19 1.99 1.97% AUG-14 CRUDE OIL(BRENT) USD/BBL. 107.89 0.72 0.67% AUG-14 NY. NATURAL GAS USD/MMBTU 3.954 -0.165 -4.01% AUG-14 NY. HEATING OIL USD/GAL. 285.92 0.14 0.05% AUG-14 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY MARKET OUTLOOK 18th JULY-2014
  • 3. COMMODITY SUPPORT-2 SUPPORT-1 PIVOT RESISTANCE-1 RESISTANCE-2 GOLD(AUG-14) 1285.83 1301.37 1313.63 1329.17 1341.43 SILVER(SEP-14) 20.55 20.89 21.10 21.44 21.65 WTICRUDEOIL(AUG-14) 100.16 101.67 102.79 104.30 105.42 NATURALGAS(AUG-14) 3.826 3.890 4.000 4.064 4.174 COPPER(SEP-14) 3.1907 3.2033 3.2147 3.2273 3.2387 LME BASE METALS OFFICIAL CASH PRICES ( $/MT ) LME WAREHOUSE STOCKS (INVENTORY) METALS PRICE ( $/MT ) CHANGE % CHANGE METALS INVENTORY CHANGE (MT) ALUMINIUM 1967.50 5.00 0.25% ALUMINIUM -8775 COPPER 7030.50 -81.50 -1.15% COPPER -600 LEAD 2161.00 -19.00 -0.87% LEAD 175 ZINC 2288.50 -11.00 -0.48% ZINC -350 NICKEL 19080.00 -120.00 -0.63% NICKEL 2364 TIN 22075.00 -35.00 -0.16% TIN -35 YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DAILY SUPPORT & RESISTANCE 18th JULY-2014
  • 4. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 INTERNATIONAL COMMODITY NEWS 18th JULY-2014 • Gold prices continued gains in Asia on Friday after President Barack Obama said the U.S. would assist in determining the cause of the crash of a Malaysia Airlines plane near the Russia-Ukraine border. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1,322.70 a troy ounce, up 0.44%, after hitting an overnight session low of $1,298.20 and off a high of $1,324.40. • Silver for September delivery was up 0.57% at $21.255 a troy ounce. Copper futures for September delivery were flat at 3.216 a pound. • Crude oil prices rose in Asia, continuing overnight gains after Gold prices continued gains in Asia on Friday after President Barack Obama said the U.S. would assist in determining the cause of the crash of a Malaysia Airlines plane near the Russia-Ukraine border. On the New York Mercantile Exchange, West Texas Intermediate crude oil for delivery in August traded at $103.76 a barrel, up 0.55%, after hitting an overnight session low of $101.28 a barrel and a high of $103.06 a barrel, posting the largest one-day dollar and percentage gain since June 12, when Islamists launched an uprising in Iraq. • Brent oil futures for September delivery rose 0.8% to $107.89 a barrel on the ICE futures exchange Thursday before the crash. An early morning gain had come primarily from the August contract, which expired Wednesday at a settlement of $105.85, "rolling over" into the new front-month September contract which was trading higher. • Natural gas dropped to near six-month lows on Thursday after data showed that U.S. supplies rose more than expected last week. On the New York Mercantile Exchange, natural gas futures for delivery in August traded at $3.965 per million British thermal units during U.S. trading, down 3.75%. The commodity hit a session high of $4.112 and a low of $3.957. The August contract settled up 0.54% on Wednesday to end at $4.119 per million British thermal units. • Base metals traded mixed on Friday Asian trade, with prices mostly range-bound and on thin volumes, lacking catalyst for price direction. Copper was last $10 lower at $7,055 per tonne, with prices trading in a $20 range this morning. The metal saw some heavy selling during London trading yesterday, falling to a low of $7,032 due to concerns surrounding financing in China. Nickel at $19,175 is down $25 after stocks increased 2,364 tonnes to 310,782 tonnes, a fresh all-time high. Aluminium remained quietly steady, currently trading at $1,987, just $2 lower from previous close. Inventories were down 8,775 tonnes at 4,967,250 tonnes, their lowest since September 2012. Cancelled warrants were also lower, down 6,725 tonnes to 2,915,100 tonnes. Zinc at $2,305 gained $3 as the market swung to a deficit of 194,000 tonnes in the first five months of the year, according to the International Lead and Zinc Study Group (ILZSG).Stocks continue to drop, falling 350 tonnes to 657,375 tonnes – the 13th consecutive day of declines. Lead was up as well, gaining $5 on Thursday’s $2,190 close, while stocks down 35 tonnes to 11,775 tonnes. The ILZSG pegged the January-May deficit at a wider 20,000 tonnes. Tin at $22,068 is $32 lower although stocks lost 35 tonnes to 11,775 tonnes.
  • 5. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 EPIC DAILY TOP PICKS 18th JULY-2014 GOLD-COMEX DAILY CANDLESTICK CHART TRADING STRATEGY : GOLD-COMEX has closed @ 1318.81. If it breaks the level of 1311, it can touch the level of 1304 & 1292 respectively. If it sustain above the level of 1332, it can touch the level of 1339, 1351 respectively. SELL GOLD-COMEX BELOW 1311 TGTS 1304, 1292 SL 1321. BUY GOLD-COMEX ABOVE 1332 TGTS 1339, 1351 SL 1322.
  • 6. YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 TODAY'S ECONOMIC EVENTS 18th JULY-2014
  • 7. The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Research Analyst : Nilesh Jain YOUR MINTVISORY WWW.EPICRESEARCH.CO CALL: +917316642300 DISCLAIMER

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