NEWS RADARGold slumped to a seven-month low Wednesday, extending its earlierlosses as details from the Federal Reserves latest policy meetingoutlined more debate about when to curtail the central banks stimulusprogram.Gold for April delivery, the most actively traded contract,recently traded down $41.40, or 2.6%, to $1,562.80 a troy ounce inpost-settlement electronic trading on the Comex division of the NewYork Mercantile Exchange.Gold had ended its regular session onWednesday down $26.20, or 1.6%, at $1,578 a troy ounce, the lowestsince July 12.Some Federal Reserve officials expressed concerns aboutthe central banks easy-money policies at their January gathering,minutes from the gathering released Wednesday showed. Someofficials worried that the policies could lead to instability in financialmarkets, and the Fed plans to evaluate how its programs are doing atits March meeting.mid-year. TRADING TIPS EXPERT OPINION SELL GOLD AROUND 1570 GOLD LOOKS BEARISH TGS 1564/1558 SL 1576 SILVER LOOKS BEARISH SELL SILVER AROUND 28.60 CRUDE OIL LOOKS BEARISH TGS 28.40/28.20 SL 28.80 COPPER LOOKS BEARISH SELL COPPER AROUND NGAS LOOKS BULLISH 3.5600 TGS 3.5400/3.5200 LEAD LOOKS BEARISH SL 3.5800 NICKEL LOOKS BEARISH SELL CRUDE BELOW 94.80 ALUMINIUM LOOKS BEARSIH TGS 94.40/94.00 SL 95.20 ZINC LOOKS BEARISH
GOLD HOURLY CHARTS1 S2 R1 R21563 1555 1575 1581 GOLD LOOKS BULLISH BUY AROUND 1615.00 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 1621.00 LEVEL AND MAINTAINING SL OF 1609.00
SILVER HOURLY CHART S1 S2 R1 R228.20 27.90 28.80 29.10 SILVER LOOKS BULLISH BUY AROUND 30.15 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 30.35 LEVEL AND MAINTAINING SL OF 29.95
COPPER HOURLY CHART S1 S2 R1 R23.5358 3.5158 3.5758 3.5958 COPPER LOOKS BEARISH SELL BELOW 3.6850 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 3.6650 LEVEL AND MAINTAINING SL OF 3.7050 0
CRUDE OIL HOURLY CHART S1 S2 R1 R294.58 94.38 94.98 95.18 CRUDE LOOKS BEARISH SELL AROUND 95.20 LEVEL IS SUGGESTED AND RECOMMENDED TO BOOK PROFIT NEAR 94.80 LEVEL AND MAINTAINING SL OF 95.60
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