This weekly newsletter provides a market wrap and technical analysis of commodities such as gold, silver, crude oil, natural gas, copper, and USD/INR. It summarizes the recent performance and key price levels for each commodity. Gold and silver fell for the week due to a stronger dollar and weaker oil prices. Copper rose on positive US economic data. Crude oil rebounded but gains were capped by weak Chinese factory data. Technical indicators are given for each commodity to identify near-term support and resistance levels.

1. Weekly Newsletter Commodity
Newsletter-Commodity
04/07/2011
www.capitalheight.com

2. info@capitalheight.com
Phone- (0731)4295950
Weekly Newsletter
Contents
Market Wrap
Technical Analysis
Gold ( Comex)
Silver ( Comex)
Crude ( Nymex)
Naturalgas ( Nymex)
Copper (Mcx)
USD/INR
www.capitalheight.com
Capitalheight.wordpress.com

3. info@capitalheight.com
Phone- (0731)4295950
MARKET WRAP
China PMI hits 28-month low, weighs on oil prices
Oil falls on weak China data, economic worry
U.S. consumer sentiment worsened in June
Gold fell more than 1 percent on Friday to a six-week low
Copper rises for fourth day on bright U.S. data
Gold ended down for second consecutive week shredding nearly $13 to end the week at
$1487.79 after hitting 6-month low. Gold came under pressure as dollar rebounded and
U.S crude oil fell more than $2, also, with no Greek default, investors liquidated their
positions in Gold. Silver eclipsed gold and ended down nearly $1 at 33.86.,
iShare silver trust fell 1.4 million in this quarter, biggest outflow since its launch.
Copper ended up on the back of positive economic data to end the week up at $429.20.
Copper rallied as U.S data ISM manufacturing PMI came up at 55.3 vs. 53.5 as against
expected at 51.9 whit copper upside was capped by Chinese data that showed factory
activity slowed. LME 3-month copper ended up at $9435 after making a two month high.
Though, low decline in LME inventories, copper may correct next week.
Crude oil rebounded and ended the week up on the back of positive economic data, a
rebound in Dollar and signs of better demand though its gains were capped by
disappointing Chinese factory PMI data. Crude oil added more than $4 to end the week up
at $94.70 as it took support of its 50% retracement and its support trendline drawn from
lows of 2008. IEA crude oil inventories came lower at (–) 4.4m vs. (-) 1.5m w/w.
www.capitalheight.com
Capitalheight.wordpress.com

4. info@capitalheight.com
Phone- (0731)4295950
TECHNICAL VIEW
GOLD
WEEKLY PIVOT
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
GOLD 1600 1564 1529 1508 1493 1472 1457 1422 1386
OUTLOOK
Trend:- Consolidate
Resistance:- 1523,
1523,1548$
Support:- 1478,1445
,1445$
Strategy:- Sell on high
GOLD WEEKLY
www.capitalheight.com
Capitalheight.wordpress.com

5. info@capitalheight.com
Phone- (0731)4295950
SILVER
WEEKLY PIVOT
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
SILVER 39.42 37.65 35.88 34.87 34.11 33.10 32.34 30.57 28.80
OUTLOOK
Trend:- Consolidate
Resistance:- 35.10,37.85
35.10,37.85$
Support:- 33.15,32
32.45$
Strategy:- Sell on high
SILVER WEEKLY
www.capitalheight.com
Capitalheight.wordpress.com

6. info@capitalheight.com
Phone- (0731)4295950
CRUDE
WEEKLY PIVOT
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
CRUDE 112.0 105.8 99.6 97.1 93.4 90.9 87.2 81.0 74.7
OUTLOOK
Trend:- Consolidate
Resistance:- 95.5,98.7
,98.7$
Support:- 89.7,81.3
81.3$
Strategy:- Sell on high
CRUDE WEEKLY
www.capitalheight.com
Capitalheight.wordpress.com

7. info@capitalheight.com
Phone- (0731)4295950
NATURALGAS
WEEKLY PIVOT
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
NG 5.00 4.77 4.54 4.43 4.31 4.20 4.08 3.85 3.62
OUTLOOK
Trend:- Consolidate
Resistance:- 4.540,
4.540,4.950$
Support:- 4.110,3.720
3.720$
Strategy:- Sell on high
NATURALGAS WEEKLY
www.capitalheight.com
Capitalheight.wordpress.com

8. info@capitalheight.com
Phone- (0731)4295950
COPPER
WEEKLY PIVOT
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
COPPER 478.4 458.8 439.3 432.6 419.7 413.0 400.2 380.6 361.1
OUTLOOK
Trend:- Consolidate
Resistance:- 435,446
Support:- 418,399
Strategy:- Buy on dips
COPPER WEEKLY
www.capitalheight.com
Capitalheight.wordpress.com

9. info@capitalheight.com
Phone- (0731)4295950
USD/INR
WEEKLY PIVOT
SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4
INR 46.61 45.99 45.37 45.00 44.75 44.38 44.13 43.51 42.89
OUTLOOK
Trend:- Consolidate
Resistance:- 45.30
0,45.85
Support:- 44.15,4
43.40
Strategy:- Buy on dips
USD/INR WEEKLY
www.capitalheight.com
Capitalheight.wordpress.com

10. info@capitalheight.com
Phone- (0731)4295950
Disclaimer
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. Capitalheight recommends that investors independently evaluate particular
investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight 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 MCX and NCDEX.
The stock 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 Capitalheight 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 Commodity and equity 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. Capitalheight 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.
www.capitalheight.com
Capitalheight.wordpress.com