Gold and silver opened lower but recovered intraday, closing with small losses. Crude oil also opened lower but closed with marginal gains. Technical indicators suggest further selling pressure for gold and silver but buying support for crude oil. All commodities face resistance at higher levels and support at lower levels. The US economic calendar for the coming week includes reports on consumer sentiment, retail sales, and housing data.

1. Daily Commodity Re
D eport
13th July 2012
MC GOLD (4 AUGUST 12 - Gold op
CX 2) pened lower at 29309. It
Gold
G Si
ilver Cr
rude
(4 A
Aug-12) (5 Sept-12) (19 J
Jul-12) mov ved higher to touch an intra-day high of 29326 b failed to
o h but
susstain higher. It moved lowe to touch an intra-day lo of 29161.
er n ow
Ope
en 29,309 52,656 4,769 nded the day with margina losses to clo at 29222.
It en al ose
High
h 29,326 53,300 4,795
Low
w 29,161 52,202 4,722 The Stochastic and the RS are placed below their respective
e SI d
ave
erages, which would result in further se
h t elling pressur However,
re.
Clos
se 29,222 53,017 4,780 the Stochastic rremains place in the ov sold zone and would
ed ver e
Prev Close
v. 29,265 52,735 4,773 lead to regular bouts of sho covering. T
d ort The –DI line has moved
aboove the 30 leevel indicatin sellers are gaining stre
ng e ength. MCX
%C
Change -0.15% 0.53% 0.15%
GOOLD faces resistance at 296 668, 30179, 3
30340, 30428 and 31000,
8
Sourc – MCX
ce while the suppor are placed at 28859, 28
rts d 8765 and 27962 levels.
Volume (In 000
V 0's) MC SILVER (5 SEPT 12) - Silver ope
CX ened higher at 52656. It
12/0
07/2012 11/0
07/2012 % Chg. mov tra-day low of 52202 but managed to
ved lower to touch an int
bou unce back. It moved highe to touch an intra-day hig of 53300.
er n gh
Gold (gms)
d 46,114.0
4 45,649.0
4 1.02% nded the day with moderat gains to clo at 53017.
It en te ose
Silve (kgs)
er 2,171.7 1,517.3 43.13%
4
Crud (bbl)
de 23,405.9
2 29,585.4
2 -2
20.89% The Stochastic remains plac
e ced below its averages, w
s which would
lead to selling p
d pressure. How
wever, the R has move above its
RSI ed
Sourc – MCX
ce ave
erage and would lead to buuying support at regular in
t ntervals. The
ADX line, +DI lin and -DI line are movin sideways, indicating a
X ne ng
Tu
urnover (In Lacs) rang bound trend. MCX Silv faces resistance at 53
ge ver 3675, 54570,
12/0
07/2012 11/0
07/2012 % Chg.
555551, 56157 an 57737 wh the suppo are place at 51559,
nd hile orts ed
510029, and 5025 levels.
52
Gold
d 1,34
48,306.8 1,33
36,798.8 0.86%
Silve
er 1,14
43,184.1 79
99,421.3 43.00%
4 MC CRUDE (1 July 12) - Crude opene higher at 4
CX 19 ed 4769 level It
ved lower to touch an intra-day low o 4722 but managed to
mov of
Crud
de 1,11
12,321.4 1,40
01,223.0 -2
20.62%
bou moved higher to touch an intra-day high of 4795. It
unce back. It m r h
Sourc – MCX
ce end the day w marginal g
ded with gains to close at 4780.
e
Global Market (Nym - $)
mex The Stochastic has moved a
e above its ave
erage. Moreov ver, the RSI
13/0
07/2012 12/0
07/2012 % Chg. rem
mains placed above its ave
erage. These conditions wwould lead to
buyying support. The ADX lin +DI line a
ne, and –DI line are moving
Gold (oz)
d 1,569.80
1 1,564.90 0.31%
side
eways indicating a range bound trend It faces re
e d. esistance at
Silve (oz)
er 27.15 27.14 0.03% 480 4824, 485 and 4905 w
05, 55 while the supports are plac at 4732,
ced
Crud (bbl)
de 85.83 86.08 -0.29% 463 4421 and 4259.
36,
Dolla Index
ar 83.58 83.66 -0.10%
Sourc – www.cme
ce egroup.com
Intra-day Re
esistance Intra-day Sup
pport
Comm
modities Close Pivot Point
R1 R2 R3
R S1 S2 S3
CRUD JUL 12
DE 4780 4766 4809
4 48
839 491
12 4736
6 4693 4620
GOLD AUG 12
D 29222 29236
2 29
9312 294
401 2956
66 29147
7 29071 28906
SILVE SEPT 12
ER 53017 52840
5 53
3477 539
938 5503
36 52379
9 51742 50644
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
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2. US E
Economic C
Calendar:
Friday Monday Tuesday
T Wed
dnesday Thurs
sday
Jul 13 Jul 16 Jul 17 Ju 18
ul Jul 19
Consumer Sentim
ment Retail Sales Consum Price Index
mer x Housing S
Starts Jobless Cla
aims
Prod
ducer Price Ind
dex Busine Inventorie
ess es Industria Production
al EIA Petro
oleum Status Existing Ho
ome Sales
Report
Empir State Mfg
re Housing Market Index
g x MBA Purc chase EIA Natural Gas
l
Survey Applicatio
ons Report
Keynot Capitals L
te Ltd.
The Rub 9th Floor, Senapati Bapa Marg, Dadar (W), Mumbai – 400 028. T 3026 6000. Fax: 3026 60
by, at Tel: 088.
www.keyynotecapitals.com

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